Q: I am interested in your opinion on NorthStar Realty Finance. (NRF) I understand that this company is organized as a REIT and invests in healthcare, industrial and commercial properties which they re-finance and usually lease to others to operate. Their current yield is quite high at almost 9% implying risk and possibly current operating losses. Would you say this stock is a safe income stock to add inside an RRSP? Thank you for your highly valued opinion.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I have been looking at REITs since the sector as a whole has dropped. I have D.UN but it has flat-lined, to borrow your exprssion. I have also looked at Dundee Industrial(DIR),True North
(TH.UN) and Health Lease(HLP.UN) You can tell that I am more interested in div income than growth, as these are all yielding above 8%. What is your opinion of these? Alternatively, should I be looking at an ETF that will cover these reits. I find etf's hard to follow as there are so many and they all sound alike and have similar names.
Gary
(TH.UN) and Health Lease(HLP.UN) You can tell that I am more interested in div income than growth, as these are all yielding above 8%. What is your opinion of these? Alternatively, should I be looking at an ETF that will cover these reits. I find etf's hard to follow as there are so many and they all sound alike and have similar names.
Gary
Q: Hi Peter and team, what do you think of Atrium Mortgage Investment (AI) for a part of my income portion of my portfolio? Do you think it will hold its value well in this new rate environment? Thanks
Q: hi.. looking to invest in cdn.apt.reit..what do you think it will hit for high. please advise & thanks for the great programme. CR
Q: Peter, your opinion on Temple Hotels Inc please. Is the div. eligible for Canadian tax credit? If you were to rate it what would it be. Thanks Peter, your information is very respected. It helps us small investors a lot, Ken
Q: Could you please comment on Healthlease Properties REIT (HLP.UN)?
Q: Hi 5i team
With Artis (AX.UN) still below $14.00 do you see any upturn in the short term. I bough half positionearlier at $15.65. Is this a good time to double up. Yield seems secure. Many thanks
GUY
With Artis (AX.UN) still below $14.00 do you see any upturn in the short term. I bough half positionearlier at $15.65. Is this a good time to double up. Yield seems secure. Many thanks
GUY
Q: REIT's are unpopular now, so maybe worth a look.
I think of apartment REIT's as less volatile and wonder why True North Apartment REIT (TN.UN) is paying almost 9%. Even if the condo market heads south, their apartments rent for much lower than condo rentals, so not much competition. They are nearly full, as there is a shortage of low rental housing, and have access to CHMC loans at low interest. The CEO has been buying at higher prices. What's not to like?
John
I think of apartment REIT's as less volatile and wonder why True North Apartment REIT (TN.UN) is paying almost 9%. Even if the condo market heads south, their apartments rent for much lower than condo rentals, so not much competition. They are nearly full, as there is a shortage of low rental housing, and have access to CHMC loans at low interest. The CEO has been buying at higher prices. What's not to like?
John
Q: Hi Peter & 5i: Am I missing it or is there no link from your Members page to your model portfolio?
My real question is whether you could take another look at the answer you gave to Ken on his ZPR question? In particular the comment that: “... we would not choose a single company over an ETF.” Presumably that isn’t generally true or else your model portfolio would only hold ETFs. Keep in mind that Ken’s question was about adding a holding in the context of a larger portfolio. Presumably there are times, at least, during which you might prefer the prospects of a single company over the index (or average return) for the relevant sector. So are you really just saying that right now you don’t prefer HR.UN’s prospects enough to outweigh any perceived individual company risk – or do you mean something more than that? Thanks!
My real question is whether you could take another look at the answer you gave to Ken on his ZPR question? In particular the comment that: “... we would not choose a single company over an ETF.” Presumably that isn’t generally true or else your model portfolio would only hold ETFs. Keep in mind that Ken’s question was about adding a holding in the context of a larger portfolio. Presumably there are times, at least, during which you might prefer the prospects of a single company over the index (or average return) for the relevant sector. So are you really just saying that right now you don’t prefer HR.UN’s prospects enough to outweigh any perceived individual company risk – or do you mean something more than that? Thanks!
Q: RLC - I am holding some RLC shares. I see that they are about to issue $25 million of convertible debentures. What will this do to the share price?
Q: Hello Peter and the 5I team
I have watched MRC and MEQ for some time, they don't seem to ever trade above book value. I realize that they pay either no div or a very low div, is this the reason why they trade fairly low compared to their P/B ratio? I expect that most real estate investors prefer REITs because of the Higher Div. Do you ever see a point when these companies will trade above their book value? Both companies have decent balance sheet's in my opinion? Whats are your thoughts on these companies?
I have watched MRC and MEQ for some time, they don't seem to ever trade above book value. I realize that they pay either no div or a very low div, is this the reason why they trade fairly low compared to their P/B ratio? I expect that most real estate investors prefer REITs because of the Higher Div. Do you ever see a point when these companies will trade above their book value? Both companies have decent balance sheet's in my opinion? Whats are your thoughts on these companies?
Q: Hi Peter and Team,
REITs have come under pressure in recent months due to interest rate concerns but one name has never really gotten off its feet since their IPO late last year is Regal Lifestyle Communities Inc (RLC). With all of their properties in Sask, Ont and Nfld and with the demographics playing in favor of assisted living/independent services living would this be worth considering alongside the likes of Chartwell, Extendicare and Amica?
Thank you,
REITs have come under pressure in recent months due to interest rate concerns but one name has never really gotten off its feet since their IPO late last year is Regal Lifestyle Communities Inc (RLC). With all of their properties in Sask, Ont and Nfld and with the demographics playing in favor of assisted living/independent services living would this be worth considering alongside the likes of Chartwell, Extendicare and Amica?
Thank you,
Q: Do you think it is a good time to buy NPR.UN-T or should I stay out of REITS?
Q: I hold ZRE in my non-registered account and it has taken a hit recently which I am ok with as I primarily purchased it for its healthy yield (5% plus). With an improving economy I would have expected some increase in the monthly payout and that has not happened. Would you expect the REIT industry will be increasing payouts in the near future or should I sell now to avoid further price deterioration as interest rates slowly increase. I already hold lots of interest rate sensitive stocks by way of utilities and pipelines. I note that you recommend H&R which has increased it's payout. Would this be a good switch.
Q: Peter, I am thinking of selling North West Health reit and taking a small capital loss in taxable accounts and splitting the proceeds between Cominar and Dundee, D. I would like your opinion please. Is D.Un debt too high? Thanks Ken
Q: Your thoughts on KMP. Thanks.
Q: Hello, 5I, do you think Dundee International (DI.UN) is a really good buy now?
Thank you
Thank you
Q: CSH.UN, I looked at fundamentals & it looks like they have huge debt, neg. ROE etc.-but, looking fwd demographics would suggest might be a good long-term buy and hold? What do you think?
Q: hi peter;could you give me your opinion on d.un it has a good div. would you buy it . thanks brian
Q: I've taken a 20% hit on Dundee (D.un). Andy Nasr said he would sell Dundee because the supply of office space in Toronto is poised to increase (an area of focus for Dundee). I realize many of the reits have been hit hard but is Dundee fundamentally flawed? I could sell d.un and buy HR.un or FCR to recoup losses when the tide turns more favourable for the sector. Thank-you.