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Brookfield also owns renewable energy and a lot of commercial RE, as well as infrastructure.
You can also take a look at homebuilder ETFs, but they've run quite a bit.
Starwood Property Trust (STWD, which I don't own), has been buying distressed housing, but I don't think that's a large part of the co. "In May and June, Starwood Property Trust Inc. (STWD), the publicly-traded REIT controlled by Barry Sternlicht, acquired 252 foreclosed houses for $27.3 million, according to a regulatory filing."
Blackstone (BX, which I don't own) has also been buying. "Blackstone is buying $100 million of houses a week and has spent more than $1 billion through the middle of this month, Stephen Schwarzman, chairman of the largest private equity in distressed real estate, said during a Oct. 18 earnings call." That would not be a huge part of Blackstone's business, either, but it is something they are doing.
Blackstone (which is an MLP so you get a K-1 form at tax time) has been a terrible investment since it IPO'd and it's in a highly volatile sector (private equity), but it does own a lot of assets, including now homes.
Timber ETFs are also sort of an alternative way to play housing.
look for funds that invest in non-agency (private) mortgage bonds: PMZDX from Pimco or closed-end funds from Nuveen such as JMT and JLS. Alternatively, there are 'go anywhere' bond funds that currently hold 60-70% of such securities: PONDX, PDI and several offerings from Doubleline.
Comments
http://www.businessinsider.com/warren-buffett-brookfield-asset-managment-housing-2012-10
Brookfield also owns renewable energy and a lot of commercial RE, as well as infrastructure.
You can also take a look at homebuilder ETFs, but they've run quite a bit.
Starwood Property Trust (STWD, which I don't own), has been buying distressed housing, but I don't think that's a large part of the co. "In May and June, Starwood Property Trust Inc. (STWD), the publicly-traded REIT controlled by Barry Sternlicht, acquired 252 foreclosed houses for $27.3 million, according to a regulatory filing."
Blackstone (BX, which I don't own) has also been buying. "Blackstone is buying $100 million of houses a week and has spent more than $1 billion through the middle of this month, Stephen Schwarzman, chairman of the largest private equity in distressed real estate, said during a Oct. 18 earnings call." That would not be a huge part of Blackstone's business, either, but it is something they are doing.
Blackstone (which is an MLP so you get a K-1 form at tax time) has been a terrible investment since it IPO'd and it's in a highly volatile sector (private equity), but it does own a lot of assets, including now homes.
Timber ETFs are also sort of an alternative way to play housing.
Both Blackstone and Starwood quotes from: http://www.businessweek.com/news/2012-10-26/colony-spends-1-dot-5-billion-on-homes-as-next-reit-boom-mortgages