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Re: bar1080 post# 1619

Thursday, 12/07/2017 10:46:17 AM

Thursday, December 07, 2017 10:46:17 AM

Post# of 37346
I would anticipate the same, especially with how much money Berkowitz dumped in. I hold a similar sentiment as you to excess commercial real estate, however, it is being bought up. For example, TJ Max is opening 400 new locations worldwide.

I don’t expect we see too many of these properties boarded up any time soon. Certainly we aren’t talking $20 Billion or whatever number Berkowitz was using for his $160/share valuation lol. But at a $400M market cap, I’d say there is some value to strip out. Just my $.02

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