an excerpt: "While Thornburg may yet make it (Larry Goldstone is clearly very talented and well-regarded), there are a number of well run, slightly less risky MREITs in the REITwreckage universe that Mr. Market has put on sale.
Companies such as NRF have funded nearly all of their assets on a long-term, non-recourse basis and are not subject to margin calls. They have cash available to reinvest in a vastly improved (less competitive) lending environment. Mr. Market is literally giving these companies away, offering yields in the high teens and low twenties. Other attractive REIT stocks include AHR, NCT and RAS."