Whitestone REIT Is Rallying. Should You Jump In, Too?
There are a lot of great deals in the market right now for investors looking to capitalize on downtrodden prices, and real estate investment trusts (REITs) are no exception.
A great example is Whitestone REIT (NYSE: WSR), a smaller competitor in the realm of retail REITs but one that I think holds particular promise in a recovering sector for several reasons. Let's look at why Whitestone REIT should be on your radar.
Whitestone is smaller and doesn't have the geographic diversity of its much larger, better-known peers -- such as Realty Income and National Retail Properties -- but its narrow focus is also one of its strengths. This trust's 57 open-air retail centers are focused on affluent areas in the fast-growing markets of Phoenix, Austin, Dallas-Fort Worth, San Antonio, and its hometown of Houston -- with the exception of one property in Chicago.
Source Fool.com
