Jonathan Litt, founder and CIO of LANDandBUILDINGS, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Litt has released his list of recommended REIT stocks for the second quarter of 2014. He discussed some of the compelling characteristics that his picks share, and he divided them up into two distinct groups. One group includes firms in which Litt foresees fundamentals that are better than management guidance is projecting. The second category includes companies in which a “friendly activist approach will be quite effective.” In those cases, the objective is to see the company pursue a “strategic alternative” or improve its operations.
Litt was asked about sectors that could beat expectations.
“I think [apartment REITs] are very well-positioned,” he said.