{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"In the Money with Amber Kanwar","title":"Is Real Estate Dead Money? This Investor Says Absolutely Not","html":"","width":"100%","height":180,"duration":3878,"description":"Rising interest rates have punished real estate stocks and left investors wondering: Is real estate dead money?\n\nJeff Olin, President & CEO and Portfolio Manager at Vision Capital Corporation, says absolutely not. While higher rates matter, he argues that supply and demand ultimately matter more—and that today’s disconnect between public and private real estate markets is creating opportunities. With billions of dollars of private capital still looking for deals, Olin expects the wave of M&A in real estate to continue.\nOlin explains why Vision has increased its net long exposure, where he sees the best supply-and-demand fundamentals and why investors need to stop treating real estate as one homogeneous sector. He breaks down the strength in grocery-anchored retail, why he’s becoming more constructive on industrial real estate again and where he sees opportunities in apartments, seniors housing and data centres.\nIn the Mailbag, Olin tackles the controversial proposed transaction involving H&R REIT (HR.UN) and GO Residential REIT (GOR.UN), including why both stocks fell after the deal was announced, the potential value he still sees in GO and the questions surrounding H&R’s process and governance. He also revisits Allied Properties REIT (AP.UN) after warning about the company on his last appearance. Following a major distribution cut and equity raise, Olin argues Allied still has a distribution problem and says he would eliminate the dividend entirely—even as he acknowledges the company owns some great real estate.\nPlus, Olin weighs in on Dream Office REIT (D.UN), BSR REIT (HOM.U), Mainstreet Equity (MEQ), Nexus Industrial REIT (NXR.UN) and Plaza Retail REIT (PLZ.UN), including which names he thinks offer genuine value—and which apparent bargains could still be value traps.\nBefore revealing his new Pro Picks, Olin revisits last year’s picks: Dream Industrial REIT (DIR.UN), First Capital REIT (FCR.UN) and Chartwell Retirement Residences (CSH.UN). First Capital was...","thumbnail_url":"https://img.transistorcdn.com/er9NR63MREFV6i2rlZX8f-yMY6gNSK83fNUOzBPoSt8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zZmQy/OWMwNmEzY2Y0YTg1/NjM4MjQ3Y2NjMWYy/Zjk1My5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}