REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yie...
The cannabis real estate sector continues to grow as demand for property financing increases. Cannabis REITs provide capital for dispensaries and cultivation facilities, helping operators expand while securing long-term rental income. The U.S. cannabis market is projected to reach $71 billion by 2030, driven by new state legalizations and rising consumer demand. Recent news suggests that federa...
Over nearly 15 years, I've written 4,300-plus Seeking Alpha articles, focusing on REITs and income stocks, emphasizing principal preservation and "SWAN investing." My journey included covering the evolution of the U.S. equity REIT sector, highlighting companies like STAG Industrial, Digital Realty, and Realty Income. Inspired by mentors and collaborations, I expanded my research to various asse...
2025 will be a big year for the cannabis industry as a whole. Currently, investors are increasingly searching for businesses that focus on sustainability and social equity. Specifically cannabis companies that align with these values. With this mindset, it may attract more investors as consumers become more aware of their purchasing decisions.
NewLake Capital Partners offers a high-yield dividend of ~11%, covered by AFFO, and trades below its tangible book value, presenting an attractive opportunity. Tenant risk is moderate, with the top three tenants (46.7% of ABR) being relatively stable, despite some smaller tenants facing financial difficulties. The cannabis REIT industry carries inherent risks, but NLCP's valuation and dividend ...
The U.S. cannabis industry continues expanding, creating opportunities for real estate investment trusts (REITs) that finance dispensaries and cultivation facilities. The legal cannabis market is projected to reach $41.5 billion by 2025, growing at a rapid pace. Currently, 38 states allow medical marijuana, while 24 states have legalized recreational use. This expansion fuels demand for real es...
Cannabis stocks have underperformed due to unmet regulatory expectations and high leverage, making them risky investments despite low valuations, according to Julian Lin. NewLake Capital remains attractive due to its lack of debt and high yield, despite tenant issues similar to those faced by Innovative Industrial Properties.
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