UBP News and Press, Urstadt Biddle Properties Inc. From 03/09/21

In case you missed it, I wrote an article last week titled "Washington Prime: Another One Bites The Dust." I do hope WPG manages to make it out the other side of Chapter 11. I don’t think it can, but I want it to all the same. That’s why I’m turning to another...

Urstadt Biddle Properties is an interesting REIT with an intriguing value proposition. The company has had decent performance in recent years, but nothing all that special. A return to normalcy implies some upside might still be available to shareholders, but not much. For f...

Strategically positioned in high income, high barrier to entry markets. COVID19 pandemic is both a blessing and a curse with retail stores being hit while the migration rate into suburban areas increases. Lower lease rates will continue to exist during the first half of 2021, whic...

Diversification is the process of allocating capital to assets that we think will have lower returns than the one we think is the most promising. Too much concentration can lead to ruin, but if done right, can result in dramatically higher return growth. The Kelly criteria is a me...

Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...

Shopping Center REITs remain depressed in price from their prior highs. All of them have the potential to produce good to excellent total returns over the next few years. For some of them, good returns are already baked in and excellent returns will come from the return of their p...

In most cases, I prefer to buy REITs than private real estate. However, there are exceptions. As an example, recently, I bought a property in Tallinn, Estonia. I present five reasons why I may occasionally favor private real estate instead of REITs. For further details see: ...

Fish gotta swim. People gotta eat. Moreover, the more people there are, the more food is going to be eaten. In the U.S. alone, there were 328.2 million in 2019. The global population, meanwhile, was 7.71 billion. Let’s discuss four real estate picks related to the "Gott...

If you want to become a millionaire, just invest $2 million in a restaurant business, and you will end up with $1 million. That was a tough lesson in life, but the most valuable thing I learned from that experience was to stick with real estate. And there is a silver lining to the...

High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...