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REIT Wrecks
http://www.reitwrecks.com
REIT Wrecks is a product of the credit crisis and the high yield investment opportunities it has created in REIT stocks & commercial real estate. The stylized phoenix in our logo betrays our bias.
But that which still smokes remains enfuego, and we're paying close attention to the heat.
- Added on: Feb 11th, 2009
- Country: United States
- Language: English
- Author: REITWrecks
- Listed in: Investing Stocks & Bonds
- Tags: real estate reit commercial real estate reits mortgage reits apartment reits
Recent Posts
San Francisco Leads Detroit In CMBS Delinquencies for Apartment Properties
San Francisco, once considered one of the strongest commercial real estate markets in the country, had one of the largest increases in overall CMBS default rates in the second quarter of 2009, up 444 basis points to 5.15% (and yes, this was even wors...
Long Odds For Apartment Owners In Vegas; Prices Down By At Least 60%
If you are investing in REITs right now, life is good. The US MSCI REIT index has doubled since hitting its lows in March, and in the second quarter Mid America (MAA) generated $.05/share in earnings from the sale of just one asset, a 36 year old, 96...
Annaly's New Mortgage REIT Falls Short, While Lehman's Limited Partners Cry Foul
It's true; I was feeling a bit continental so I decided to take an entire month off from the world of REITs and commercial real estate. But Labor Day is no longer the summer sanctuary it once was. Not only does the holiday fall in September, preced...
Bad Commercial Real Estate Loans Are Coming in Hot! And They're Right on Schedule
It's summertime and the living is easy, but if you're a distressed debt broker, this is no time to be mixing Cuba Libres at the beach. There have been 72 bank failures in the first eight months of 2009, compared with 26 in all of 2008 and just 3 in 2...
Dynex Looks Like a Mortgage REIT That's Built to Last
Dynex Capital Inc. is a rather small US-based Mortgage REIT that invests in securitized residential and commercial mortgage loans and non-agency MBS. Management has a significant stake in the common stock, so it shouldn't be surprising that the compa...
Hotel REITs Default and Deflate - Can Shareholders Benefit?
It's almost factual at this point: most 2006 and 2007 buyers of hotel properties will likely default on their mortgages. The reasons are simple: pro forma room rate and occupancy assumptions are being crushed, existing mortgage debt cannot be service...
