Considering the Lineage IPO? This Industrial REIT Is a Better Buy

If you're the kind of investor who pays attention to upcoming first-time debuts in the real estate sector, you've no doubt heard about the recent IPO for industrial cold-storage REIT Lineage (NASDAQ: LINE). Although it has a following that has bought its initial offering and is trading it currently, I have a lot of doubts about this particular REIT, as well as an additional REIT you should consider if you're looking for long-term, stable dividend income you can actually count on.When I first started digging through the initial filings for Lineage, I was appalled at its debt load. The burden was high compared to launched REITs and certainly caught my eye. But, as the IPO managed to raise more than enough to pay a big chunk of the concerning portion of debt down, it was perhaps not as big of a problem as I thought. We'll see how the company manages its debt going forward.But, two other major concerns remain:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool