Focused Investing

Focused Investing

Brief Note: Millrose Properties

Paul Drake's avatar
Paul Drake
Sep 29, 2025
∙ Paid

A look at a newly listed REIT.

Millrose Properties (MRP) became an independent company last February. What will catch the eyes and addle the brains of many investors is the dividend yield of 8.6%.

Those with enough remaining intelligence to look a little further will be beguiled by the 12.5% ratio of corporate debt to total assets. They might be put of…

User's avatar

Continue reading this post for free, courtesy of Paul Drake.

Or purchase a paid subscription.
© 2026 Paul Drake · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture