Since my KVU (Ford Debt) got called I am looking to start a long position in an Industrial REITI already own a ton of other REITS and MLP'ssince the pref have about maxed out - doesnt that make the common look more attractive?also what do you guys think of management? I am never buying anything with crooks for managersthanks
i think they're fineunsecured debt at around 7% or the preferreds look better than the stock at this point
Agree that management is ok.I think if your patient you can definately buy less than our current price. This has gone between 9 and 13 several times and there is no real reason for that to change.Its the largest provider of warehouse in the US. But its got a lot of debt to work off over the next 3-4 years.Though I continue to hold, I like PEI and CBL better than PLD.