7/21/2009 3:11 PM EDT Per the recent post about commercial real estate, based
on what I've been seeing the pain is just getting started. It will
take several years to fix the mess, and it is mostly still way too
early to buy in this sector. However, I am not so negative on large
cap REITs. They have mostly fixed their balance sheets, have strong
management, good quality properties, and reasonable valuations
compared with private commercial real estate. They should be
winners during the correction process.
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SRS - an alternative view (RealMoney)
Posted by kurzweg on 21st of Jul 2009 at 03:52 pm