Investor Brad Thomas highlights top real estate assets with strong moats and attractive dividends.

Brad Thomas, a seasoned real estate investor, emphasizes investing in irreplaceable physical assets with strong competitive moats, calling this strategy HALO (Heavy Assets, Low Obsolescence). He recommends companies like American Tower, Brookfield Infrastructure, Prologis, Rexford Industrial, Lineage, Americold, VICI Properties, and Lamar Advertising. Thomas highlights that AMT, COLD, and VICI offer good entry points due to discounted valuations, solid dividend yields, and resilient monopoly-like positions. The investment thesis is based on scarcity, network effects, and regulatory barriers that protect these assets from competition, ensuring long-term value for investors.