Long in the tooth, the current real estate cycle keeps going.
Liberty Global to Present at the UBS 44th Annual Global Media and Communications Conference
Ventas ’ spin-off of skilled nursing facilities and Ardent acquisition add value for shareholders.
New Report Says Europe Needs Multiple Technologies to Achieve a Gigabit Society
Although we think Ventas overpaid for its most recent acquisitions, this doesn't affect our valuation.
We prefer REITs with reasonable leverage, moaty assets, demonstrated historical success across economic cycles, identifiable growth drivers, and reasonable margins of safety.
Interest-rate fears bring utility and real estate valuations in line, but the broader market still looks fully valued.
The recent wave of M&A continued this week, but some mergers look better than others for shareholders.
We recently upgraded a few banks and enterprise software firms to wide moat status, and raised our fair value estimates on health-care REITs.
We prefer the yield, stability, and growth prospects of the triple-net structure over RIDEA.