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Strategies & Market Trends : Have REITs begun a rebound 9/16/98 ???
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To: Lee N who wrote (21)10/14/1998 1:32:00 PM
From: Wren  Read Replies (2) of 45
 
REITS started a rebound and then settled back. The hotel REITS are being beaten down. Look at the yields on PAH, upper end hotel owner, and MT, owner of medical properties, LaQuinta Inns, Cobblestone golf, and Santa Anita race track. I bought more MT today. Just can't pass up that low P/E and high yield.

EGP is an industrial and office building REIT that I like. I know the management personally. It is a conservative operation. Doesn't yield as much as some of the battered down ones, but it should grow over the years.
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