Retail Properties Of America Offers A Possible Play On Economic Recovery

ByDavid Guarino:Retail Properties of America (RPAI), formerly known as Inland Western Retail Real Estate Trust, began trading on the New York Stock Exchange earlier this year. Investors who purchased this non-listed REIT during the offering period (September 2003 through September 2005) finally have the liquidity they were seeking. The REIT was fairly successful having raised $4.2 billion during its initial offering.

By Joseph Ori:This month's REIT Focus is on CBL & Associates Properties, Inc. (CBL), a publicly traded, self-managed real estate investment trust that owns malls, shopping centers and office buildings in 27 states primarily in the Southeast and Midwest. CBL owns an 84.5% general partner interest in CBL & Associates Limited Partnership, its UpReit general partnership.

Brad Thomas submits: History Kimco Realty Corporation (KIM) is a publicly traded real estate investment trust (REIT). Kimco engages in acquisition, development, and management of neighborhood and community shopping centers. Kimco invests across the globe with a focus in North America. Formed in 1960 and based in New Hyde Park, NY, Kimco manages 1,857 properties totaling over 172.4 million square feet.

By Michael Terry:I recently wrote an article on a Dr. Suess REIT portfolio where the premise was/is that as investors and analysts, we have to leave no stone unturned in our quest for value and returns. I recently came across a REIT that seemed like it might have the right attributes for the Dr.

By Tom Lydon: Retail real estate investment trusts and related exchange traded funds will provide investors with attractive dividends as the economy improves and retail sales grow, say S&P analysts.

Wall Street Cheat Sheet submits: Simon Property Group (SPG) is a real estate investment trust best known for regional malls and premium outlet centers. If you’ve ever visited Boca Raton, FL on a vacation, then you’ve heard of the famous Town Center Mall, one of Simon’s premiere properties. Simon owns or has interest in almost 400 properties in North America, Europe and Asia.

By Michael Terry:Inland Real Estate (IRC) announced a re-opening of their 8.125% series A $25 par perpetual preferred.

By Joseph Ori:This month's REIT Focus is on Federal Realty Investment, Trust, Inc. (FRT). FRT is a self-administered and self managed Maryland real estate investment trust that focuses on the ownership, operation and development of retail real estate properties.