hedge funds got to be drooling over beat down REIT assets. Hedge funds are attracting new institutional money trolling for bargains. AHR is beat down primarily because dividend hunters have been selling the common stock, however, the AHR assets are still generating income and have not fallen % as stock price, even by 'mark to market' values. Hang on my friends. Do not leave the ship. It will all work out. I agree that inflation is inevitable and mark to market will move up again due to monetary effects, if not market demand.
Hedge funds have their own problems staying afloat, unloading positions to meet redemptions etc...why does everyone think that their savior is some bust out hedge fund. AHR will bite the bullet for at least another 9 months before you see some help. It will not come back to it's high before 2016, if that!
WOW where do you keep this wonderful crystal ball? Can you offer any evidence that you saw this decline coming? I mean like back in 1999? Or are you just another basher with zero data to back up your prediction.
I hope/think you are correct. I am very anxious for the February earnings report. If we show a profit it should go along way toward turning around the stock price. I think it will be a while before we see 7 again, but I am confident we will see it if we are willing to wait. Also if they retain the REIT status we will again get some divds.
To whatever extent AHR is borrowing at a floating rate, they must be coining cash! Rates have never been so low. The cash flow statement should look great. I doubt that delinquencies are yet a problem - though that is likely down the line.