Money Talks interview: Jeff Olin warns don't be seduced by yield

Listen to why Vision Capital's President and CEO Jeff Olin would be looking to short, not buy, many high yielding REITs in the current market. Instead of fixating on yield, Jeff likes to focus on underlying cash flow and what is being paid out. Right now, Jeff has identified opportunity in multiple family housing in both Canada and the US. One of his favourite names is TSX-listed CAP REIT. (CAR.UN). He also likes the industrial REIT space which he says is a "wonderful place to be invested."

 

Listen to the full interview originally aired on August 13th for other names and areas he is investing in, along with his outlook for the North American REIT industry.

 

Vision Capital strives to seek out undervalued or overvalued Corporations and/or REITs both absolutely and relative to their peers. Their funds target investments that are expected to outperform on a medium term, risk adjusted basis. Visit their website for more on their approach to real estate investing and track record.