Why I'm Shorting Commercial Real Estate [View article]
Where would you get the financing to buy the Replacement Cost?
Ever look at the CMBS market?
Or would you buy it in cash.
On Apr 23 11:57 AM jimmy46 wrote:
> So you have 6 shorts in this sector, > I see that the REITs are selling at 66% of replacement cost and think > they are a bargain. > > You started touting shorting this sector a few months ago, > I'd guess that hasn't worked out for you. > We each place our bet and see who wins.
Why I'm Shorting Commercial Real Estate [View article]
Ever look at the CMBS market?
Or would you buy it in cash.
On Apr 23 11:57 AM jimmy46 wrote:
> So you have 6 shorts in this sector,
> I see that the REITs are selling at 66% of replacement cost and think
> they are a bargain.
>
> You started touting shorting this sector a few months ago,
> I'd guess that hasn't worked out for you.
> We each place our bet and see who wins.