Recognized Experts in High-Yield Investing.


The go-to-source for intelligence on alternative asset classes with high yield potential





Annual Reads 

Specialized Investment Research


Leonberg Capital is an investment boutique that specializes in alternative asset classes with high-yield potential. This includes REITs, mREITs, MLPs, BDCs, CEFs, Yield Cos, Preferred shares, and other high yielding equities.

We provide research services ranging from generic investment newsletters to customized research projects, and consulting services, mainly addressed to REIT management teams.

Customized Research 

We complete customized research projects on specific companies to hedge funds, private equity firms, family offices, HNW individuals, and other institutional investors. 


We cater our research services to your specific needs. Whether you need to complete a one-time research project on a specific company or need a reliable partner for regular market coverage of a specific sector, we can help.

Investment Newsletters

High Yield Landlord is a specialized newsletter dedicated to REIT investing. It covers the entire REIT sector and provides access to our recommendations, model portfolios, and REIT market data. Today, High Yield Landlord is one of the largest REIT newsletters in the world. It is hosted on and you can learn more by clicking here.


High Yield Investor is a broader newsletter dedicated to high yield investing. It covers all alternative asset classes with high yield potential and provides access to our recommendations and model portfolios. High Yield Investor is also hosted on and you can learn more by clicking here.

Strategic Consulting

We provide independent guidance to REIT management teams on how to maximize shareholder value and improve investor relations.

We have deep market knowledge on how shareholders react to different corporate actions and provide our independent guidance on strategic decisions to REIT management teams.






About Us

True Specialists with One Focus:
Generate high yield in today's yield-less world

Leonberg Capital is a contrarian, value-oriented investment boutique specializing in alternative asset classes with high yield potential. We focus mainly on REITs, mREITs, MLPs, BDCs, CEFs, Yield Cos, Preferred shares, and other high-yielding equity sectors that are often mispriced and present opportunities for active investors. 

We are not only an investment research firm. We are also the active manager of our own portfolio and invest in all our recommendations to align interests with our clients.

More than 2,500 clients have trusted us with their high yield investment research; over 50,000 investors follow us on the financial website SeekingAlpha, and +5,000,000 people have read our published reports last year alone. 

Leonberg is based in Tallinn, Estonia, and Dallas, Texas, and also maintains a strong presence in other markets through an extensive list of research partners.


Key Personnel

Jussi Askola

Jussi Askola is a former private equity investor with experience working for a +$250 million investment firm in Dallas, Texas; and performing property acquisition in Germany and Estonia. Today, he is the President of Leonberg Capital, where he specializes in high yielding real estate securities. In addition to having passed all CFA exams, Jussi holds a B.Sc. in Real Estate Finance from University Nürtingen (Germany) and a B.Sc. Construction and Property Management from University of South Wales (UK). He is a well-known voice in high yield investing with over 50,000 followers on Seeking Alpha, has been featured on numerous financial media outlets, and has built relationships with many top executives of high yielding vehicles.

Samuel Smith
Vice President

Samuel Smith is a former lead analyst at one of the world’s largest investment research publishers. Today, he is the Vice President of Leonberg Capital, where he leads our research on non-real estate securities. His past track record of successfully navigating the high yield market puts him in the top 5% of investment analysts according to Tipranks. Samuel is a Professional Engineer and Project Management Professional by training and holds a B.S. in Civil Engineering and Mathematics from the United States Military Academy at West Point. Currently, he is pursuing the CFA designation.

Mark Roussin

Mark Roussin is an active Certified Public Accountant (CPA) in the state of California with over 10 years of experience working as a CPA for public and private corporations. This includes a multi-billion-dollar insurance firm, a real estate investment vehicle, and a Big 4 consulting firm (Ernst & Young). Mark uses his specialized accounting skills to go beyond the headline numbers of high yielding vehicles. He has an insider understanding of how the numbers can be played to “look good” on the surface and hide a different reality. This is particularly important as we assess payout ratios to sort out the worthwhile from the wobbly. In addition to being an active CPA, Mark holds a B.S. in Accounting from California Baptist University.

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Proven Track Record

We all rank among the very best analysts with exceptionally high hit-rate and returns on our +300 past recommendations according to independent rating service TipRanks.
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We are true specialists with one focus:
Generate alpha in the often-mispriced high yield sectors

Contact us


To learn more about how our services can benefit you, please call us

at +1 469 844 3353 or complete the contact form below.

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Email & Phone:


US Tel: +1 469 844 3353
EU Tel: +372 5647 6968
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Dallas, USA

Tallinn, Estonia