- When we demonstrated the vast disparity in leverage for housing REITs, it generated huge demand for a similar batch of charts on strip centers. Your request is granted.
- Leverage has shown at least some rough correlation with declines when we look at the values for the most highly leveraged or lowest-leveraged strip center REITs.
- If you think FFO or AFFO multiples are going deep enough in REIT analysis, you’re doing yourself a disservice by quitting early.
- What’s the worst strip center? Wheeler. Which one did best? Wheeler. Why? Speculation. Net Asset Value is negative by our calculations, but it isn’t dead yet.
For further details see:
Strip Centers Get Levered