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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (57610)	7/25/2016 2:43:48 PM
From: Grommit	Read Replies (2) \| Respond to of 78750

Apt reits have done well, as have most other reits. residential rets have always had a higher PE than others. that is still the case. i've never seen them as high as now. so CPT is prob a good sell. I've sold all my apt reits that were in tax free accts. am "stuck" with the rest for awhile. so MAA is still my largest holding (LXP and STAG next). CPT also still large. (not just apts -- I sold all unusually high reits in tax free accts and moved $ to next tier reits) reits that i like, that have a more gentle PE are LXP, INN, CCP, CDR. I've been selling some pref shares that were recently issued and spiked to $27-$28+. DFT-C (all), PEB-D (half) , STAG-C (a few). AHT-F is a prob good buy, even though their debt is high. 7.275% coupon. selling near par. I thought that AHT-F would spike up also, but have not yet. maybe soon...? strategically -- many reits are at high PE multiples, and many pref above par, OTOH interest rates are expected to remain low forever, so it is to be expected. grommit