This article published on Friday, February 26th, 2010 is quite possibly one of the worst articles you will ever read discussing the merits of a sale/leaseback transaction. I feel sorry for the brokers quoted in the publication. It feels like the author chopped up their quotes and used them where she thought best rather than [...]
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Brokerage,
CAP Rate,
capitalization rate,
Commercial Real Estate,
NNN property,
overpriced real estate,
Realty Income,
Retail,
retail property,
sale/leaseback,
single-tenant No Comments |
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Realty Income, the publicly traded single-tenant REIT saw its share price drop 4.6% on a statement from hedge fund manager William Ackman of Pershing Square Capital Management. Mr. Ackman announced that his firm has taken a short position in the REIT citing concerns about the REIT’s portfolio. From the New York Post article: ….[Mr. Ackman] [...]
