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

To: Think4Yourself who wrote (196685)4/17/2009 2:22:44 PM
From: patron_anejo_por_favorRespond to of 306849
 
They've been discounting like crazy. Can't help but hurt the bottom line.

Lately I've noted a weird correlation between the casino stocks (WYNN, MGM specifically) and the REIT's. I suspect that they are responding to the same news on availability of funding, but it's kinda funny just the same....



To: Think4Yourself who wrote (196685)4/17/2009 2:34:21 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
they are right around the corner from the CBRE office and so the contact was trying to make the reservation there....i was there for a one day trip and they wouldn't take a CC from a CBRE client! so they lost a booking to the bellagio

i seriously do not get their approach....drive away last minute bookings?

the CBRE contact said wynn is down something like 26%


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