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[K601.Ebook] PDF Ebook The Intelligent REIT Investor: How to Build Wealth with Real Estate Investment Trusts, by Stephanie Krewson-Kelly, R. Brad Thomas

PDF Ebook The Intelligent REIT Investor: How to Build Wealth with Real Estate Investment Trusts, by Stephanie Krewson-Kelly, R. Brad Thomas

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The Intelligent REIT Investor: How to Build Wealth with Real Estate Investment Trusts, by Stephanie Krewson-Kelly, R. Brad Thomas

The Intelligent REIT Investor: How to Build Wealth with Real Estate Investment Trusts, by Stephanie Krewson-Kelly, R. Brad Thomas



The Intelligent REIT Investor: How to Build Wealth with Real Estate Investment Trusts, by Stephanie Krewson-Kelly, R. Brad Thomas

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The Intelligent REIT Investor: How to Build Wealth with Real Estate Investment Trusts, by Stephanie Krewson-Kelly, R. Brad Thomas

The go-to guide for smart REIT investing

The Intelligent REIT Investor is the definitive guide to real estate investment trusts, providing a clear, concise resource for individual investors, financial planners, and analysts—anyone who prioritizes dividend income and risk management as major components to wealth-building.

Later this year, the REIT industry will experience a watershed event when Standard & Poors creates a new Global Industry Classification Standard (GICS) sector called Real Estate. On September 1st, publicly traded equity REITs will be removed from Financials, where they have been classified since their creation in 1960, and begin trading as their own S&P Sector. This separation from banks and financial institutions already is attracting new investors, but REITs require an industry-specific knowledge that is neither intuitive or readily accessible to newcomers—until now. Using straightforward language and simple example to illustrate important concepts, this book will enable any reader to quickly learn and understand the lexicon and valuation techniques used in REIT investing, providing a wealth of practical resources that streamline the learning process. The discussion explains terminology, metrics, and other key points, while examples illustrate the calculations used to evaluate opportunities. A comprehensive list of publicly-traded REITs provides key reference, giving you access to an important resource most investors and stockbrokers lack.

REITs are companies that own or finance commercial rental properties, such as malls and apartment buildings. Despite historically high total returns relative to other investments, such as the Nasdaq or S&P 500 index, most investors are unfamiliar with the REIT industry, and wary of investing without adequate background. This book gets you up to speed on the essentials of REIT investing so you can make more informed—and profitable—decisions.

  • Understand REITs processes, mechanisms, and industry
  • Calculate key metrics to identify suitable companies
  • Access historical performance tables and industry-specific terminology
  • Identify publicly-traded REITs quickly and easily

REITs have consistently outperformed many more widely known investments. Over the past 15-year period, for example, REITs returned an average of 11% per year, better than all other asset classes. Since 2009, REITs have enjoyed positive returns; large cap stocks and cash are the only other classes that paralleled that record. Even in 2015, a 'year of fear' related to rising rates, REITs returned 2.4%, beating most all other asset classes.

REITs have a long history (over fifty years) of performance, and are about to enter the big leagues. If you feel like you've been missing out, don't keep missing out. Prepare yourself, and your portfolio, to benefit from the demand for REITs that will follow the creation of a Real Estate GICS sector. The Intelligent REIT Investor gives you the information you need to invest wisely and manage your real estate risk effectively. By maintaining a tactical exposure in the brick and mortar asset class, investors should benefit from the information contained in The Intelligent REIT Investor. Join the REIT world and look forward to owning stocks that will help you to sleep well at night.

  • Sales Rank: #38794 in Books
  • Published on: 2016-08-29
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.30" h x .80" w x 6.40" l, .0 pounds
  • Binding: Hardcover
  • 240 pages

From the Inside Flap

Between 2001 and 2015, real estate investment trusts (REITs) delivered average annual total returns of 11 percent—significantly outperforming the five percent average annual total returns achieved by the S&P 500 and NASDAQ indexes. In September 2016, 'Real Estate' will become the eleventh investment sector tracked by Standard & Poor's—a watershed event that is already attracting new investors and greater fund flows into REITs. Investors need to learn how to invest wisely in this unique, new investment class. The Intelligent REIT Investor is the ultimate, clear, and concise guide for achieving investment success.

Using easy-to-understand language and simple examples to illustrate industry-specific concepts, The Intelligent REIT Investor enables even novice investors to quickly gain fluency in REIT industry terminology and valuation techniques. Moreover, because it focuses on the most pertinent risks and rewards of REIT investing, The Intelligent REIT Investor can be read cover-to-cover in a few hours.

Whether a reader's goal is to intelligently discuss adding REITs to a well-diversified portfolio or to offer expertise in REIT strategies to clients, this brilliantly constructed resource contains all the information and tools required. The Intelligent REIT Investor is the go-to primer and practical road map to understanding essential aspects of REIT investing, including how to:

  • Apply easy-to-use equations to assess the strength of a REIT's balance sheet and dividend safety
  • Understand research reports and public information on REITs across the spectrum of different commercial property types
  • Weigh the risks and benefits of each property type to optimally balance investment portfolios with specific goals

Filled with illustrative charts, useful summary tables, and historical anecdotes that explain how different property types have performed in various market conditions, no other resource on the market more fully prepares readers for making informed, successful REIT investments than The Intelligent REIT Investor.

From the Back Cover

Praise for The Intelligent REIT Investor

"Together, Brad Thomas and Stephanie Krewson-Kelly form the perfect 'Dynamic Duo' to write the 'Bible' for investing in REITs. Brad's years of writing on REITs in numerous publications, along with Stephanie's background as both a current REIT executive and former sell-side REIT analyst, provide a wonderful background to lead readers through the basics and intricacies of public real estate securities. Well done!"
—Tom A. Lewis, retired Chief Executive Officer, Realty Income (NYSE: O)

"Whether you are new to the world of REITs or a more sophisticated investor looking to gain a greater understanding of REIT investment strategy, The Intelligent REIT Investor is an indispensable resource. Brad and Stephanie's combined experience spans all aspects of the REIT sector, commercial real estate, and securities investing, and that valuable knowledge is imparted to the reader thoroughly, yet in an easily digestible manner."
—Dave Henry, former Vice Chairman and Chief Executive Officer, Kimco Realty Corporation; Board Member of four public REITs: Columbia Property Trust; HCP, Inc.; Tanger Factory Outlet Centers, Inc.; and VEREIT, Inc.

"The Intelligent REIT Investor not only helps investors understand the top- level benefits of REIT investing—strong long-term wealth creation, portfolio diversification, steady current dividend income, liquidity, and the like—but also gives them a carefully structured approach for identifying which property segments, and even which individual REITs, would make the best additions to their own investment portfolios."
—Brad Case, PhD, CFA, CAIA, Senior Vice President, Research & Industry Information, National Association of Real Estate Investment Trusts

"The Intelligent REIT Investor is a comprehensive go-to resource for Real Estate Investment Trusts. The authors share their tremendous knowledge of the REIT industry and provide an in-depth guide to investing in REITs during all economic times."
—Drew Alexander, CEO, Weingarten Realty

About the Author

Stephanie Krewson-Kelly analyzed REITs for top Wall Street firms from 1994 through 2009 and, today, heads the Investor Relations department for a publicly traded REIT. Her prior publications include REIT Roadmap: An Insider's Guide to Successful Investing in Real Estate Investment Trusts (2nd edition, 2012).

R. Brad Thomas is an acknowledged expert in commercial real estate investing and REITs. He is editor of the Forbes Real Estate Investor newsletter and writes for Forbes and Seeking Alpha.

Most helpful customer reviews

9 of 9 people found the following review helpful.
Great book on REIT investing
By Chirag N. Amin
Very informative book on REIT stock investing. Brad Thomas is extremely knowledgeable and provides great insight on the various REIT subsectors. Worth the money for anyone interested in learning more about REIT stocks

1 of 1 people found the following review helpful.
SWEET REIT Knowledge of Quality
By Tosa
The early chapters stick to basics and are easily a door into this new real estate sector.
Great explanations of private versus public traded REITs and ease of selling (liquidity) or buying.
It is a reference of quality for quality listing the credit ratings for the traded REITs.
Another early chapter delves into an easy review of how to understand cash flows and the use of FFO or free cash flow or AFFO to measure value. Excellent charts and lists and references.
I am GLAD to have this one on my shelf.
The last chapters go into depth slowly for the more complicated attributes for measuring a REIT and would certainly be important for any CPA.
I followed much of it thanks to the writing quality and explanations provided....up to the very last page.

0 of 0 people found the following review helpful.
It is a good book. I am pleased with the purchase transaction
By Bob Walker
The book was received within the time period expected. The book was as advertised. There were no surprises. It is a good book. I am pleased with the purchase transaction.

See all 12 customer reviews...

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