Monday, June 1, 2009

Jonathan Litt Pessimistic On REITs

Jonathan Litt, formerly a top rated REIT analyst with Paine Webber and Solly, has some words of caution for all investors who can't wait to part with their cash and invest in ghost town malls, foreclosing multi-apartment buildings, unretnable offices with a 0.5x DSCR and 10%-full Vegas hotels. Ironically, this comes from a CNBC interview.

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