This stock is tanking. I wonder why? Does anyone have insight?
Last Sunday Jim Glassman recommended DRE in his weekly column in the Washington Post. This is the same Jim Glassman who co-wrote "Dow 36,000". Hmmm.
Look at the news release that will answer your question. Investment activity, acquistions, and third party construction lower than previous guidance for the year.
Yeah really! what happened to the "flight to quality" DRE should be getting on a day like today.
Partial answer. Continued weakness in Atlanta.