Real Estate Inv. Trusts: REITs | Forum profile

Been giving some thought to hotels recently. I casually follow the ones that have pfd stocks. All of them have been downgraded in the last two months....AHT,FCH,LHO,BEE,SHO,HT,HST, and HPT(don't go near this pig - think Travel Centers of America). It's not hard to understand why with the economic picture the way it is and gas thru the roof. But i was eyeballing SHO-A for it's 11.45% ...

High Defaults Await U.S. Option ARMs as Loan Recasts Approach     Businesswire 9-02     Many borrowers of U.S. option adjustable rate mortgages (ARMs) will soon have a substantially more difficult time making their increased monthly mortgage payments, according to Fitch Ratings in a special report. This is because many mortgages underlying recent vintages will start reaching their ...

Of interest: http://www.bloomberg.com/apps/news?pid=20601109&si d=afUC... " Florida Real Estate Bottom Signaled by Sale of Distressed Condo "

Irwin Kellner, the chief economist at Marketwatch.com had an interesting column about housing. Here's some of it: "According to the latest data from the Census Bureau and the National Association of Realtors, median home prices in July equaled 3.6 times median household incomes. This may be down from the peak of four times incomes set back in 2005, but it is still far above the 2.9 ...

Follow up article, "Anthracite Gets Hot Again!": http://www.reitwrecks.com/2008/08/anthracite-gets- hot-again....

Just a heads up. The prices for NRF pfds are movely opposite the direction of the common. It can mean that someone is liquidating the pfds and the prices will ease back up after a bit. I keep an eye on these types of moves. Could be a trade here. Maybe...................Xot

The CFO of RAIT Financial Trust bought 500 sh. of RAS-A on 8/27. He also bought 2000 sh. of common. The CAO (a new designation to me) also bought the RAS-A on 8/27. I unhappily own some of the "B". My experience tells me the CFO of any company is likly to be the most conservative of the officers---it was certainly true of the firms I worked for. I'm considering adding to my holdings...

In case some of you don't know this..............The preferred stocks closing tables of the Wall St Journal are free to use online. The best thing is they are downloadable to an Excel spreadsheet so you can sort the data as you like. Very, very useful for pfd stock research..................Xot http://online.wsj.com/mdc/public/page/2_3024-Prefe rreds.html...

Pretty tiny increase: ESCONDIDO, CALIFORNIA, August 20, 2008…. Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE:O) today announced that its Board of Directors has declared an increase in the Company’s common stock monthly dividend to $0.1405 per share from $0.138 per share. The dividend is payable on September 15, 2008 to shareholders of record as of ...

Lo Wooly.......along with the fans I noticed yesterday when I dropped by to say hello the annual report by Tom Lewis (CEO) I mentioned runs from page 8 to 22 followed by a ton of other reports which I passed on....financial details which he presented in comprehensive deescriptive narrative which is unique in my experience----not to mention the clarity http://www.realtyincome.com/...

Been giving some thought to hotels recently. I casually follow the ones that have pfd stocks. All of them have been downgraded in the last two months....AHT,FCH,LHO,BEE,SHO,HT,HST, and HPT(don't go near this pig - think Travel Centers of America). It's not hard to understand why with the economic picture the way it is and gas thru the roof. But i was eyeballing SHO-A for it's 11.45% ...

Irwin Kellner, the chief economist at Marketwatch.com had an interesting column about housing. Here's some of it: "According to the latest data from the Census Bureau and the National Association of Realtors, median home prices in July equaled 3.6 times median household incomes. This may be down from the peak of four times incomes set back in 2005, but it is still far above the 2.9 ...

Pretty tiny increase: ESCONDIDO, CALIFORNIA, August 20, 2008…. Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE:O) today announced that its Board of Directors has declared an increase in the Company’s common stock monthly dividend to $0.1405 per share from $0.138 per share. The dividend is payable on September 15, 2008 to shareholders of record as of ...

Lo Wooly.......along with the fans I noticed yesterday when I dropped by to say hello the annual report by Tom Lewis (CEO) I mentioned runs from page 8 to 22 followed by a ton of other reports which I passed on....financial details which he presented in comprehensive deescriptive narrative which is unique in my experience----not to mention the clarity http://www.realtyincome.com/...

Is there a fund or ETF out there that holds only preferred REIT shares?

Up 9% following news of monetizing about a half million acres of Southern timberland.

The CFO of RAIT Financial Trust bought 500 sh. of RAS-A on 8/27. He also bought 2000 sh. of common. The CAO (a new designation to me) also bought the RAS-A on 8/27. I unhappily own some of the "B". My experience tells me the CFO of any company is likly to be the most conservative of the officers---it was certainly true of the firms I worked for. I'm considering adding to my holdings...

Of interest: http://www.bloomberg.com/apps/news?pid=20601109&si d=afUC... " Florida Real Estate Bottom Signaled by Sale of Distressed Condo "

Here again is the monthly summary of the REIT commons and preferreds from the Blues List, with changes noted since the last post on 7/31/08 ( http://boards.fool.com/Message.asp?mid=26864758 ). Bluest of the Blue are in bold. Price changes are from the prices noted on 7/31. Dividend yield reflects today's closing prices. The volume is an average of the volume for all trading days since...

Just a heads up. The prices for NRF pfds are movely opposite the direction of the common. It can mean that someone is liquidating the pfds and the prices will ease back up after a bit. I keep an eye on these types of moves. Could be a trade here. Maybe...................Xot