Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (20350)	1/13/2005 9:51:21 PM
From: E_K_S	Read Replies (1) of 78758

Hi Paul - I have been researching more undervalued real estate issues and have discovered many churches (all across the US) are sitting on property land holdings that were acquired many years ago at prices way below current market value. I have not been able to identify a "pure" play to buy an REIT or publicly traded company that holds these type of land assets (specifically churches, schools, colleges or other religious organizations). There are "Church Bond" offers but they are not liquid and are not diversified enough for this value theme. Can you think of any publicly traded organization that might have a component of these types of land assets on their books? I have noticed several of our local churches selling a portion of their real estate for new home developments. They still keep their church with less parking (or sometimes sell out and build a new church in another location). These are private transactions and not available to the small investor. I know that the Mormons are huge land owners so perhaps there is a publicly traded holding company located in Utah (Salt Lake City area) that may have some of these undervalued real estate assets on their books. Any ideas? EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next