Comments on: Canadian REITs Not Safe From Forced Liquidation http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html Freshly squeezed market commentary & analysis Mon, 22 Mar 2010 08:59:37 +0000 http://wordpress.org/?v=2.0.2 by: alex farguson http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-53426 Tue, 11 Aug 2009 13:56:05 +0000 http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-53426 Very nice information. Thanks for this. Very nice information. Thanks for this.

]]> by: J Cauchy http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-35686 Sat, 22 Nov 2008 04:55:23 +0000 http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-35686 The CMBS market is under pressure (in the USA). So the price of CDS on CMBS is going vertical. The fear is that the CRE operators will default, buildings go to the banks, etc. That's probably a big part driving the panic selling. If the economy craters in Q1 then REITs will have trouble making loan payments to creditors and dividend payments to shareholders. So then they deserve a markdown. Look at the leveraged closed end funds in the USA (RQI, RPF, JRS, RWF, etc...). Some of them are down 90% from late September prices. The CMBS market is under pressure (in the USA). So the price of CDS on CMBS is going vertical. The fear is that the CRE operators will default, buildings go to the banks, etc. That’s probably a big part driving the panic selling. If the economy craters in Q1 then REITs will have trouble making loan payments to creditors and dividend payments to shareholders. So then they deserve a markdown.

Look at the leveraged closed end funds in the USA (RQI, RPF, JRS, RWF, etc…). Some of them are down 90% from late September prices.

]]> by: Andrew http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-35650 Thu, 20 Nov 2008 20:19:57 +0000 http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-35650 Aussie REITS have also been crushed, yields are very attractive... but.... I'm waiting still, nothing seems to be a buy in this market till the forced selling show signs of ending I guess. Aussie REITS have also been crushed, yields are very attractive… but…. I’m waiting still, nothing seems to be a buy in this market till the forced selling show signs of ending I guess.

]]> by: Johan Lindén http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-35623 Tue, 18 Nov 2008 15:08:01 +0000 http://www.tradersnarrative.com/canadian-reits-not-safe-from-forced-liquidation-2074.html#comment-35623 "This is of course, assuming that the yield is safe and won’t be cut." And I am sure that can't happen ;) “This is of course, assuming that the yield is safe and won’t be cut.”

And I am sure that can’t happen ;)

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