Jeffrey F. Olin
Member since: Jul '10
President & CEO at
Vision Capital Corporation

Latest Top Picks

All the demographics and secular boxes are checked. They own 41,500 residential units in Toronto -- accounting for half the funds asset value. They have the ability to develop 10,000 new apartment units. A big presence in the Netherlands and Dublin as well -- the only pure apartment play there. Yield 2.83% (Analysts’ price target is $52.56)
A mote in the real estate space. They specialize in temperature controlled warehousing. This is all about logistics for fresh food. Yield 2.37% (Analysts’ price target is $36.07)
A $6 billion marketcap. A corporation that pays no dividend. Worth $170 per share. They own the original Howard Huges land in Las Vegas -- expensive real estate. Yield 0% (Analysts’ price target is $155.00)
(A Top Pick Jan 18/11. Up 5.15%.) Still likes it but he sold most of his position. Has a very nice distribution of 8.6%. They are overpaying their distribution but he believes they are going to grow into it. There was some disappointment when only one of their 8 Zellers’ stores was picked up by Target.
(A Top Pick Jan 18/11. Up 45.63%.) Unique in that it is a corporation, not a REIT. They don't pay a dividend. Have grown from 272 apartment units in 1998 to about 7800 units with a net equity capital of $10 million. Focused in Western Canada. Appraised value of $42.80 a share and he thinks it will get to the $33 range. No dividend.