SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (55263)10/6/2022 9:23:53 AM
From: Zen Dollar Round  Respond to of 56535
 
Nope, I don't take any offense, it's just information.

You're right, Zillow's estimates aren't precisely accurate, they're usually a little high. But their reports of sales are because that data is taken from government records.

The estimates are close though, not outrageously off or they wouldn't be useful to buyers or sellers and Zillow's business model would suffer greatly if they weren't close. I've spoken about those issues with my friend in real estate and she's a agrees.

I love movies too and see them often, many times by myself because I like to go during weekdays while most people are at work or school. More fun with family or friends though, of course.

I've noticed the same about malls, they're slowly dying around the country and some large ones have been completely mothballed.

I think there are still some very successful ones in high population areas that offer other fun things, like amusement park rides. Those are amazing malls, I saw a drone flythrough video of one once on Instagram and was blown away by it, not to mention the skill of the drone pilot to make that recording.



To: Madharry who wrote (55263)10/6/2022 9:30:53 AM
From: E_K_S  Read Replies (1) | Respond to of 56535
 
Re: Malls & MAC Reit

Still long MAC but not adding as I am finding other value candidates. MAC BV = $14.24/share and selling 0.61x BV.

Not sure what their long term debt structure looks like and if they refinanced some of that debt when rates were low. FCF higher and almost 3x higher than in 2020



To: Madharry who wrote (55263)10/6/2022 9:11:30 PM
From: Zen Dollar Round  Read Replies (1) | Respond to of 56535
 
OT

Here you go, I posted this just now here at SI, it's the fly through of the Mall of America posted in April of 2021 I mentioned in my previous post. The pilot is an ace and jaybrdfilms is an account well worth following in Instagram if you like expert drone videos:

Drones, Autonomous Vehicles and Flying Cars Message Board - Msg: 34026607 (siliconinvestor.com)