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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (110137)3/14/2008 6:35:48 PM
From: PerspectiveRespond to of 306849
 
<Deteriorating cash flow is probably crucial >

Seems like by the time you have confirmation of that, it's probably too late to short 'em, no?

`BC



To: patron_anejo_por_favor who wrote (110137)3/16/2008 3:52:54 AM
From: AsymmetricRespond to of 306849
 
Patron - it not only helps to know how much total debt a
particular REIT is carrying, but how much of that debt matures
this year and needs to be rolled over. The highest debt ratio
for any major U.S. retail REIT belongs to General Growth
Properties (62.7 percent), according to Deutsche Bank Securities.
Further, only two REITs have more than $1 billion in debt
maturing in 2008, General Growth Properties at $2.8 billion and
Simon Property Group at $1.5 billion.

Hope that helps.

- A.



To: patron_anejo_por_favor who wrote (110137)3/16/2008 10:54:08 AM
From: PerspectiveRead Replies (2) | Respond to of 306849
 
<the two I mentioned are veteran operators>

Thanks, Patron. Do you know of any that are weaker/smaller fry in the retail real estate space? How 'bout builders that are heavily dependent on mall construction?

I'm short CBG because I think their business should stall pretty good for a long time. Didn't realize their balance sheet was such a mess, maybe I should add more:
finance.yahoo.com

`BC