While residential real estate continues to see some cracks, the commercial real estate market is thriving. New construction, demand and rents remain strong in the current environment. At the same time, capital remains constrained. This fact has allowed our latest Best Monthly Dividend Stocks List pick to profit. Investors have profited too, with a hefty 12.5% monthly dividend.
The source of that high yield is our pick’s enviable niche – the firm is a hard money lender. These short-term, specialized loans for real estate are used by a variety of developers and property buyers in order to get the capital they need quickly. The win is that our pick happens to be one of the largest in the business.
This provides it with a needed edge to close deals quickly and begin earning interest on its loans. Meanwhile, a conservative-focused management has allowed our pick to keep its borrowing costs low while making plenty of money from the spread of its assets.
With commercial real estate booming and the need for capital growing, our pick is in a wonderful position to profit.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.