Discussion
Holding cost on mREIT shares, fund fees included
I've got a brokerage account and I'm looking at putting a small slice into this corner rather than buying a rental. Two things I can't pin down. First, is there a real minimum, or…
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Mortgage REITs, or mREITs, are real estate investment trusts that finance real estate by purchasing or originating mortgages and mortgage-backed securities, earning income from the interest on these investments rather than from owning property.
Log in to followI've got a brokerage account and I'm looking at putting a small slice into this corner rather than buying a rental. Two things I can't pin down. First, is there a real minimum, or…
Looking at a commercial mortgage REIT, floating rate senior loans, mostly multifamily and office. Loans risk rated 4 and 5 are about 12% of carrying value. Total CECL allowance si…
Reading through a few quarterly decks and the yield is on slide 2 but the thing management spends ten minutes on is book value per share and how it moved. One deck showed GAAP boo…
I've been screening income names and a handful of mortgage REITs come up with yields between 11% and 15%. Everything else in the REIT list is at 4% or 5%. I read a comment somewhe…
Running the arithmetic on an agency-heavy name. Asset yield around 5.9%, cost of funds around 4.4%, so 1.5% net interest spread. Equity of 1, borrowings of 7, so the levered piece…
A contractor I've worked with keeps asking me to fund his next rehab at 11% interest plus two points, twelve month term, first position on a house I've walked through. Meanwhile t…