Hunter Hopcroft, Managing Director, Portfolio Solutions at Armada ETF Advisors, stops by The Business Brew to primarily discuss REITs. Hunter is quite a thinker and the conversation veers into other parts of markets such as AI, how the economy is changing and more. You can find Hunter's writing here: https://www.lewisenterprises.blog/
Bill pinged Hunter after someone (on the Twitter machine, so you know it's factual) made a comment that REITs are inherently bad investment vehicles. We hope this episode is informative and realistic about the investment vehicles. You may learn:
As always, we hope you enjoy the show. Thank you for your time!
PS. Reach out if you are interested in sponsoring the show. You can contact Bill at bill@thebusinessbrew.com.
Detailed Show Notes:
3:00 - Hunter transitioned his career around an interest in REITs
7:00 - Private and public markets own basically the same assets
10:00 - How private markets create a lock in for RIAs that may help the RIAs' multiple when they sell the business
11:00 - Negative features of REITs
17:00 - The downside scenarios for multifamily housing
20:30 - What can dividend growth do for a portfolio?
27:30 - How Hunter thinks about the different REIT asset classes.
30:00 - The difference between private real estate allocations and public market market cap weighted allocations
41:00 - The different valuation methodologies to analyze $AIRC
48:00 - Why are private market cap rates still healthy relative to public markets?
52:00 - Hunter's view on markets and where they are right now
56:00 - Some riffing on AI
1:04:00 - In defense of Marty Whitman!
