Sunbelt apartment REITs

2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Dec 1, 2025 by John Khoury · across every show →

Everything said about Sunbelt apartment REITs, oldest first

Dec 1, 2025 bullish
Disclosure
Khoury: Sunbelt Apartment REITs Trade at 25% Discounts to Private Value
“And the Sunbelt apartment REITs, which in aggregate are the largest exposure of the fund today, we're buying these companies at six and a half to seven percent implied cap rates, while the private market is close to five, five and a quarter, in 25, 30% discoun…”
John Khoury Dec 1, 2025 ▶ 36:40 John Khoury – Asymmetry and Opportunity in Public Real Estate at Long Pond (EP.474)
Dec 1, 2025 bullish
Prediction Not checkable as stated
Khoury: Sunbelt Apartments Due for Rent Surge as Ratios Hit 19%
“Rent to income in the Sunbelt Has been going lower and lower and lower every year. So once you get back to equilibrium, we're of the view that it's not going to be, oh, we're back at equilibrium. We're going to grow a little bit. You're back with equilibrium. …”
John Khoury Dec 1, 2025 ▶ 42:36 John Khoury – Asymmetry and Opportunity in Public Real Estate at Long Pond (EP.474)
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