Part 1 of 2
Top ranked real estate fund manager, Jeffrey Kolitch discusses the compelling opportunities he is finding in the much maligned commercial real estate industry.
Listen to the audio-only version here:
Explore This Episode
We have compiled additional information and content related to this episode.
JEFFREY KOLITCH
- Portfolio Manager, Baron Real Estate Fund
ACTION POINT
CONSIDER A REAL ESTATE FUND
- Real Estate
- World’s largest asset class
- Estimated value: +$379.7 T
- U.S. Residential Market
- Estimated value: $52 T
- U.S. Commercial Real Estate
- Estimated value: $21 T
- REITS (Real Estate Investment Trusts)
- Invest in portfolios of properties
- Required to distribute at least 90% of income to shareholders
- Shareholders pay taxes on income
- Valued for:
- Income
- Long-term capital appreciation
- Low correlation to stock market
- Morningstar’s Real Estate Fund Recommendations
- Cohen & Steers Realty Shares
- Actively managed
- Rated 5-Star Bronze
- REIT
- Managed by Cohen & Steers, one of oldest & largest firms in business
- Vanguard Real Estate Index Investor
- Passive index
- Rated 3-Star Gold
- Also available as ETF: Vanguard Real Estate ETF
- Both replicate the REIT heavy MSCI US Investable Market Real Estate 25/50 Index
- “Among the best U.S. Real Estate Funds available.” – Morningstar
- Cohen & Steers Realty Shares
ONE INVESTMENT
DIGITAL REAL ESTATE REVOLUTION LEADER
KOLITCH: Buy CoStar Group, Inc. (CSGP)
STOCK, BOND, FUND MENTIONS
- Prologis, Inc. (PLD)
- Rexford Industrial Realty, Inc. (REXR)
- EastGroup Properties, Inc. (EGP)
- Terreno Realty Corporation (TRNO)
- Equinix, Inc. (EQIX)
- Digital Realty Trust, Inc. (DLR)
- American Tower Corporation (AMT)
- Welltower Inc. (WELL)
- Hilton Worldwide Holdings Inc. (HLT)
- Hyatt Hotels Corporation Class A (H)
- Wynn Resorts, Limited (WYNN)
- MGM Resorts International (MGM)
- Las Vegas Sands Corp. (LVS)
- CBRE Group, Inc. Class A (CBRE)
- Jones Lang LaSalle Inc. (JLL)
- Blackstone Inc. (BX)
- Brookfield Corp. (BN)
FROM THE ARCHIVE
This is Jeffrey Kolitch’s first appearance on WEALTHTRACK
WEB EXTRA
PASSIONATE FOCUS
Jeff Kolitch’s passion for real estate started early, with his Dad. He’s never looked back.
