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Cohen & Steers Quality Income R Message Board

  • murger4money murger4money Sep 10, 2009 5:52 PM Flag

    NAV = $6.22 : MKT = $5.62

    RQI's NAV is on the move again and cutting new territory.

    Looks like the common understanding regarding the commercial real estate market is starting to change. Instead of full blown destruction like the news is selling you there will be winning REITs and losing REITs. Well capitalized REITs will "steal" distressed properties from undercapitalized losing REITs when the properties turn over. Assets will get picked up at fire sale prices by the winners at supportable cash flow levels while the well cap'd REIT weathers the storm on the existing portfolio.

    It's a REIT picker's market now. Best time to get sweetheart properties at market cycle bottom prices.

    Cohen and Steers are the "REIT Mafia" and I bet they know which ones will prosper.

    RQI @ $7 NAV soon. SINO @ $6 soon too, but do your own DD. OK?

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