Should we own Shopping Malls?

The “Smart Money in Real Estate” post discusses Brookfield Property Partners (BPY) and their core retail segment. Prospective BPY owners might ask, should we own shopping malls with Macy’s, Sears and other retailers announcing brick and mortar store closures? It’s a fair question because BPY owns 34% of General Growth Properties (GGP), a S&P 500 retail […]

An Alternative Asset Bargain – Brookfield Property Partners

In my last post I discussed Brookfield Property Partners (BPY) progress and the respectable 11% annual total return since their 2013 launch. As an alternative asset, this commercial property company attracts institutional investors looking to improve returns and diversify risk. Something we too should consider especially since BPY remains a bargain. Brookfield Property Partners goes where […]

Smart Money in Real Estate – Brookfield Property Partners (BPY)

Institutional investors, considered the smart money, continue to shift away from stocks and bonds into alternative investment like real estate. Below we discuss why and how Brookfield Property Partners (BPY) provides retail investors a way to participate in commercial real estate (CRE) alongside institutional investors. Should we invest in real estate? We are in the second […]

Slow and Steady Wins the Race — Brookfield Renewable Partners (BEP)

In the last post, I discussed Toronto based Brookfield Renewable Partner’s (BEP’s) strong growth in capacity since their launch in 2011. Two wide competitive moats protect this capacity in North America: low electrical production cost and limited locations for competitors. BEP performed well over the past few years, with a strong growing annual distribution and an […]

Brookfield Renewable Energy Partners (BEP): Protected with Wide Competitive Moats

Brookfield Renewable Partners (BEP) is one of the largest pure play renewable energy companies in the world, with a 100 year history in hydroelectric generation. Their hydro and wind power facilities are in both North and South America, as well as Europe. As both owner and operator, they gain a unique perspective allowing them to […]

Brookfield Infrastructure Partners (BIP) — Valuation Remains Attractive

Do you remember in 2012 when I estimated Brookfield Infrastructure Product’s (BIP) value and thought it was a good buy? In my last post I discussed how it worked out very well for investors who bought it back then. So, is it still a good investment in 2017? Yes, I believe so and this updated valuation shows why BIP […]

Update on Brookfield Infrastructure Partners (BIP)

Brookfield Infrastructure Partners (BIP) was launched in 2008 and grew to become one of the world’s largest owners and operators of infrastructure assets. When we first discussed Brookfield Infrastructure a few years ago we were enthusiastic about their prospects. Let’s check up on them and see what we might expect from them going forward. You’ll recall, infrastructure […]

Kinder Morgan, Inc. (KMI): A Silver Lining

We experienced unanticipated twists and turns over the past number of months with Kinder Morgan, Inc. (KMI). The oil and gas sector’s cyclical downturn was well underway, KMI’s cash flow remained strong, yet the share price fell with others in the sector. The negative sentiment also turned to KMI’s increased debt that was used in part to fund the […]

General Electric Company (GE) Investment Thesis:

General Electric Company (GE) Investment Thesis: Thomas Edison’s merged his many business interests to form Edison General Electric Company in April, 1889. Later incorporated on April 15, 1892 as General Electric Company (GE), it was one of the original 12 companies listed on the newly formed Dow Jones Industrial Average in 1896. GE is the […]

Buying More Kinder Morgan, Inc. (KMI)

Kinder Morgan, Inc. (KMI) & Brookfield Infrastructure Partners (BIP) just bought [Source] the remaining 53% of Natural Gas Pipeline Company of America LLC (NGPL) for about $242 million equity but both companies also took on NGPL’s $3 billion in debt, about $1.5 billion each. NGPL: NGPL has about 9,200 miles of pipelines, 1 million horsepower […]