TCO News and Press, Taubman Centers Inc. From 05/14/21

Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...

Most investors that put money into Real Estate are doing so thanks to the sector's classic attributes: tangible assets, relative safety, high yield, and protection against inflation. At the moment, the market is allowing investors to benefit from a unique risk/reward situation: Taking...

JRS is moving to a tighter discount similar to its peers. Even as it moves to a more shallow discount, there is an opportunity here and the fund is rated as a 'Buy.' The discount is still deeper than its 5-year historical average, and is skewed on its 1-year average due to last ye...

Our portfolios were pretty well-placed entering the pandemic period. We were even then maintaining “underweight positioning with mall REITs and shopping center REITs… recognizing that there are still many retailers rightsizing their portfolios." Investing in REITs in...

The Great Financial Crisis resulted in long-term, lasting pain for the real estate sector, but "this time was different" for most REITs due to harsh lessons learned from past crises. Despite early struggles with rent collection, REITs' strong balance sheets and access-to-capital preve...

Macerich, along with many other REITs, has seen their share price hammered during Covid. Despite headwinds, Q4-20 rent collections for Macerich and peers has exceeded 90%, as traffic returns to pre-pandemic levels. I find Macerich shares very compelling as long as they remain belo...

U.S. equity markets rallied to all-time highs this past week, propelled by a historically strong slate of corporate earnings, encouraging coronavirus trends, and economic data showing muted inflationary pressure in early 2021. Adding to its nearly-5% rally in the prior week, ...

Several subscribers have reached out to us for updates on these two volatile stocks. We recently took profits on Tanger and upgraded Macerich to a Strong Speculative Buy. These two stocks have been on a wild ride in the past two weeks. We’ll explore why and provide the most...

Third quarter results were similarly mediocre as in the last two quarters. Simon Property Group is facing risks, but could also profit by the current crisis and come out on top in its industry. Considering the positive vaccine results and Taubman acquisition, we have to update the...

GameStop is going through a monumental short squeeze. We think that its landlord, Macerich, is poised for a similar short squeeze. MAC offers significant upside potential but with much better downside protection. For this reason, we believe that it is your next best short squeeze ...