tag:blogger.com,1999:blog-4863014635257598503.post3101433893511645772..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Much More Pain Ahead For REITsTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4863014635257598503.post-33785664651484241992009-03-17T09:16:00.000-04:002009-03-17T09:16:00.000-04:00Tyler, great blog, I would also say that these com...Tyler, great blog, I would also say that these commercial REITs are heavily tied to various life insurers. Interesting to see how PRU and MET have rallied so strongly. PRU has about $400+B in assets against equity of just $13B. Trading at 0.7x book seems pretty generous to me. More pain in commercial RE = more pain for insurers. Could be a good combo for the year similar to shorting banks last year.Anonymousnoreply@blogger.com