To: mikelets456
There’s gonna be alot of pain when many companies need to refi at the newest interest rates.
Some REIT mogul recently said if rates don’t come down he will not be able to find financing at all for his portfolio.
4 posted on
04/06/2023 12:00:14 PM PDT by
griswold3
(Truth, Beauty and Goodness ; Quos Deus vult perdere, prius dementat)
To: griswold3
Anyone holding REITS needs to dump them now.
5 posted on
04/06/2023 12:01:47 PM PDT by
cgbg
(Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
To: griswold3
A lot of the distressed real estate was bought years ago at say 1990 and 2001 prices.
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