Time for a quick update on the “Fun Fund” for the first quarter of 2020. As a reminder, this is just a Roth IRA where I am planning to track my active investments/performance. As you may be able to infer from the title of this post, this quarter could have gone better.
Schadenfreude?Tag: Real Estate Investing
Time to Hit the Brix?
I wanted to publish a quick post to serve as both a portfolio update and State of the Stash update for the month of November. TLDR version: I sold out of a position and spent a ton of $$$ on one of our dogs (totally worth it).
Continue reading “Time to Hit the Brix?”Good Things…
This is another in my series of media curation posts. Hopefully you are enjoying these podcasts and other finance-related content. This week, I have another new podcast and we venture back into the world of REITs and real estate. Continue reading “Good Things…”
A New(ish) Podcast
I have been finding a lot of great new podcasts and the “classic casts” have been cranking out really strong episodes lately, so I should be set with these curation posts for a while (I was kind of casting about for something to highlight the last couple of weeks). This week I want to flag a brand new (to me) podcast. Continue reading “A New(ish) Podcast”
Merger Monday Comes to my Portfolio
Turned on Bloomberg radio this morning to some decent news. Gramercy Property Trust (“GPT”) caught a takeover bid from BlackRock at $27.50 per unit. As I mentioned before, I recently took a position in GPT. Also, there was a development late last week that might have yielded some additional “tea leaves” concerning Conagra (“CAG”) and Pinnacle Foods (“PF”). Continue reading “Merger Monday Comes to my Portfolio”
I’m Just Saying…I Bonds, Earnings, REITs, and CPG Bloodbath.
Some remarks on recent earnings (or non-earnings in the case of REITs) and other items of interest in the news follow. Continue reading “I’m Just Saying…I Bonds, Earnings, REITs, and CPG Bloodbath.”
Bed, Bath & an Abomination?
Bed, Bath & Beyond (“BBBY”) reported earnings on Thursday this past week. While they “beat consensus estimates” the stock was down around 20% on the day. More interesting to me is that retail REITs were down around 2% on the day based on the BBBY news. I am going to take a quick look at BBBY the earnings report (and conference call). Perhaps more interestingly, we will look at which of the landlords we previously examined has the most BBBY exposure. Continue reading “Bed, Bath & an Abomination?”
Podcast of the Week
I listen to many investing and finance podcasts (I follow around 20). Even a finance nerd like me can become overwhelmed and buried in the abundance of beautiful pods. It can be a real drag on your time. So, I am going to start to “dive on the grenade” and provide you, dear reader (or future self), with one podcast per week that may be worth a listen. Continue reading “Podcast of the Week”
Retail REITs: Brookfield’s Acquisition of General Growth Properties
Since my post about retail REITs, Brookfield Asset Management (“BAM”) entered into an agreement to acquire a mall REIT, General Growth Properties (“GGP”), so I thought we should take a quick look at that comparable transaction as a touchstone for sector valuations and also because the terms looked interesting. Continue reading “Retail REITs: Brookfield’s Acquisition of General Growth Properties”