Seeking Alpha

nukldrager » Comments » AKR

  • Commercial Real Estate Time Bomb Ticking for REITs [View article]
    Thanks


    On Apr 17 11:38 AM Mad Hedge Fund Trader wrote:

    > Totally. George Soros says that it is “inevitable” that commercial
    > real estate falls another 30%. Rents are falling, tenant bankruptcies
    > are rising, there is tons of debt to be refinanced for which there
    > is no market, so cap rates are rocketing and “ghost mall” has joined
    > the recessionary lexicon. This all adds up to lower prices. Some
    > credit default swaps are trading at levels suggesting that a major
    > REIT bankruptcy is imminent. I know George is sometimes prone to
    > extreme statements, but this time he may be on to something. If you
    > want a short play, or if you have an existing long position in commercial
    > real estate which you can’t get out of and want to hedge, try a short
    > position in the (seekingalpha.com/symbo...), although it
    > has already dropped from $85 to $21. You can also play one of the
    > sicker REIT names like Brookfield Properties (seekingalpha.com/symbo...).
    >
    >
    Apr 18 09:51 am |Rating: 0 -2 |Link to Comment
More on AKR by nukldrager
Comments by Ticker
AA, AAI, AAPL, AAUKY.PK, ABK, ACE, ACI, ACN, ADBE, ADM, AEG, AEO, AES, AET, AF, AGO, AHBIF.PK, AHT, AIG, AKAM, AKR, AKS, ALK, ALL, AMAT, AMB, AMCRY.PK, AMR, AMT, AMZN, AN, ANN, ANR, APA, ARE, ARM, ATML, ATVI, AU, AV, AW, AXP, AYE, AZ, AZN, AZO, BA, BAC, BAESY.PK, BAIRY.PK,
nukldrager's
Comments Stats
388 comments
Rating: 111 (223 - 112 )