I heard the building was sought to its creditor for half of the price 3 years ago. Any detail or implication to REIT fund? I know general growth property(GGP) is really really(!!) bad, but what the difference, why it could be so bad while other are as much? Any thought would help.
I agree the the buyers win and the sellers lose. Any REIT trust have cash to buy more is good while these have to sell for less to pay divident are not. But I can figure out how that would impact vnq? Do their trusts have strong/week cash position, this is no way to know.