SITC - Cedar Realty Trust: A Fair Price For A Mediocre Business Realized Thanks To Wheeler Real Estate Investment Trust
- The management team at Cedar Realty Trust announced plans to sell off assets, with the entity itself going to Wheeler Real Estate Investment Trust.
- Though the trading multiple on the deal may look low to some, it's likely a fair deal when you factor in leverage and Cedar's recent financial history.
- Overall, investors should feel content with the transaction and should find this opportunity to look elsewhere for solid prospects.
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Cedar Realty Trust: A Fair Price For A Mediocre Business Realized Thanks To Wheeler Real Estate Investment Trust