The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: jpk1 who wrote (200896)	5/7/2009 2:58:29 PM
From: Perspective	Read Replies (3) of 306849

<33M SPG shares now this year. That's some pretty heavy dilution. Plus that earlier debt offering was done at 10%. Some business model> The increased offering size added another 7M shares, for a total of 40M this year. Definitely wonderful timing on their part, and they'll probably be able to buy lots of stuff on the cheap - if they don't need all the money to simply carry the properties they've already got... BC

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