From the monthly archives:

December 2008

Macerich Says "Yes We Can!"

December 15, 2008

And you thought you had it bad with a Mortgage REITs. Retail REIT Macerich (MAC) found itself in the eye of the storm after closing a sale/leasback on 41 of 149 Mervyns stores in late 2007 and early 2008. Mervyns was already struggling, so it was not a huge surprise when the California-based chain declared [...]

More on this topic (What's this?)
Not bankrupt quite yet … (Stock Gumshoe, 12/15/08)
Bookkeeping: Covering Most of Macerich (MAC) (Fund my Mutual Fund, 3/27/09)
Bookkeeping: Closing Macerich (MAC) Short (Fund my Mutual Fund, 5/5/09)
Read more on Macerich Company at Wikinvest
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Apartment REITs are Right Now

December 12, 2008

Two weeks ago, I wrote that a very good buyside analyst I know was selectively buying all the Apartment REITs he could get his hands on. He told me this after closing out his iStar short, which he took from $20 to $8, so I was pretty interested in what he had to say. In [...]

More on this topic (What's this?)
Will Housing Renters Soon Be Buyers? (Wall Street Daily, 3/26/12)
Renters Unite! (The Mess That Greenspan Made, 10/16/08)
Why You Should Avoid Apartment REITs (Contrarian Profits, 2/12/09)
Read more on Residential REITs at Wikinvest
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Commercial Mortgage REITs: Reason to Believe

December 9, 2008

Money Management Letter reported last week that The New Jersey Division of Investment has authorized a $1 billion allocation to commercial real estate that will be deployed over the course of next year. The move roughly doubles New Jersey’s current 5% allocation, said Kathy Jassem, portfolio manager. A significant portion of the allocation will be [...]

More on this topic (What's this?)
MREITs Shafted by SEC (Mortgage REIT Journal, 9/19/08)
Regional Economic Outlook (Stock Market Prognosticator, 8/15/08)
Private Equity Finding Bargains in Commercial Real Estate (Value Investing, 2/1/12)
Read more on Office REITs, Commercial Real Estate at Wikinvest
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One Nation, Under Capitalized, With Loan Modifications and Forebearance For All

December 5, 2008

“Any idiot can face a crisis. It’s this day-to-day living that wears you out.” – Anton Chekov Our national psyche has been more thoroughly revealed over the past year or so, and it has been interesting to learn more about us. Before 2007, I was only vaguely aware of the term “schadenfreude”, and I certainly [...]

More on this topic (What's this?)
How to Invest Like a Bank: P2P Lending Returns (Learn Mining News, 4/27/12)
Alternatives to Payday Loans (Dividend Stocks, 4/23/12)
5 Ways to Use an Installment Loan (Forex Trading TV Video Blog, 3/29/12)
Read more on Loans at Wikinvest
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