When No One Shows Up, Opportunity Does: The Office REIT Reset

Brad ThomasInvesting GroupFollow5ShareSavePlay(83min)Comments(5)SummaryThe office REIT sector is bifurcating: true moats and prime locations are separating from distressed, obsolete assets.Alexandria Real Estate, Douglas Emmett, Empire State Realty Trust, and Highwoods are highlighted for durable moats and unique competitive advantages.Deep value opportunities exist where market fear has mispriced assets with irreplaceable locations, fortress balance sheets, or unique cash engines.Execution on redevelopment, deleveraging, and tenant demand will determine which REITs re-rate as the sector resets.This idea was discussed in more depth with members of my private investing community, iREIT®+HOYA Capital. Learn More » Nadzeya Haroshka/iStock via Getty Images More than 20 years ago, I stumbled into one of the most important lessons of my career - and it didn’t come from Wall Street. It came from a foreclosure auction. I had heardThis article was written byBrad Thomas119.6K FollowersFollowBrad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies. Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives.

The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President. Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha. Learn moreAnalyst’s Disclosure: I/we have a beneficial long position in the shares of HIW, ARE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.