I have a new REIT on my watchlist, Vivmark Residential ($VMRK). The combination of AvalonBay and Equity Residential, this $49 billion market cap REIT seems like a unique opportunity in the multifamily space. With interest rates increasing, I believe those with scale will win. And, with interest rates increasing, I imagine there could be some further buying opportunities in the REIT sector, over time. Will be fun to watch this one. Anyone else watching $VMRK? (Disc: Not investment advice.)
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3 Comments
Russ Knopf
@rustyram78 · 26d
With mortgage rates currently topping 7%, many people may be reluctant to buy, which means rental properties may see a boost in demand?
Jason @retiredjay · 26d
And REITs have the huge advantage of offering shares for funding, and not having to worry about interest rate nearly as much
Curtis Washington@curtwash06 · 26d
When are you pulling the trigger?
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