He Pushed for the Sale of InterRent—These REITs Could be Next | In the Money with Amber Kanwar

Описание: 👉 Click Here to Subscribe:    / @inthemoneypod  

He Pushed for the Sale of InterRent—Now He Reveals Who Could Be Next | In the Money with Amber Kanwar

Real estate investors are watching closely, M&A activity is heating up and REITs could be next. In this episode of In the Money with Amber Kanwar, Michael Missaghie of Arch Corporation shares his insider view on real estate investing, public vs. private valuations, and why now may be the moment to buy misunderstood names in the REIT space.

Michael isn't just waiting for the real estate market to turn, he's actively making it happen. His firm was behind pushing for the sale of InterRent REIT and he says that's just one of many REITs poised for a takeover, even naming who could be next! Michael also shares his take on the Toronto condo market crash, the role of private equity in bailing out developers, and why government intervention may be inevitable.

📈 In the mailbag, Michael dives into the M&A buzz around REITs including H&R REIT (HR.UN), First Capital (FCR.UN), Minto (MI.UN), Mainstreet Equity (MEQ), Dream Office (D.UN), and Allied Properties (AP.UN).

In Pro Picks, Michael shares 3 high-conviction real estate investments for 2025: He explains what makes BSR REIT (HOM.U) undervalued, why Chartwell (CSH.UN) could be a prime target, and why Brookdale (BKD) might offer explosive upside if demographic tailwinds persist. All three are positioned for strong cash flow, favorable demographic trends and possibly, takeover interest.

Timestamps
00:00 Show Intro
02:20 Michael’s approach to real estate investing
04:20 What did staring during the crisis of 2008 teach him?
05:35 Investing in public and private real estate
08:45 How does the private market inform investing in the public market
10:00 Is the market turning? Signs of inflection
11:00 There’s trouble in the condo market, and there’s more to come
14:50 Missaghie talks about his push for the sale of InterRent
20:00 M&A and opportunity in the sector
22:20 Should we expect to see more activism from Arch & Anson?
23:30 What’s Michael’s long-short book? What’s the characteristic of things he’s shorting?
25:00 ITM Mailbag: H&R REIT stock (HR.UN.TO)
29:30 First Capital REIT stock (FCR.UN.TO)
32:20 Minto REIT (MI.UN.TO)
36:40 Mainstreet Equity stock (MEQ.TO)
39:10 Dream Office REIT & Allied Properties REIT (D.UN.TO, AP.UN.TO)
42:50 Go Residential IPO (GO.UN.TO)
44:00 Pro Picks (HOM.UN.TO, CSH.UN.TO, BKD)

Sponsors
This episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard...

Visit https://raymondjames.ca today to discover how you can live a life well planned.

Pro Picks is brought to you by ATB Financial. Visit https://ATB.com/inthemoney for more information.

Links
https://inthemoneypod.com/
  / inthemoneypod  
https://facebook.com/profile.php?id=6...
  / inthemoneypod  


DISCLAIMERS
The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.

BMO DISCLAIMER
Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization.

The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.

In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns.