Tag ACC

Bernanke : Commercial Property May Pose Risk for Economy

Commercial real estate could be the next catalyst for a major market correction….. (according to Bernanke).
Among the key points noted:
1. Commercial market is potentially bigger than the residential market (hence, a much larger problem here)
2. Increased vacancy, declining rents, falling prices. That almost sum up the 3 pillars of real estate. If all of them [...]

Credit Suisse Selling ACC and ARE among many others.

GR pointed me to the MMFAIS site, highlighting how CS has been selling lots of stuffs (err.. I mean holdings).
Among the very long list includes counters like ACC and ARE; both are REITs.
The interesting fact here is 100% of both counters are sold off.
A lot of the sales took place this month (May 2009).
Maybe, it [...]

ACC : Update

Richard Woon has an update on the dividend for ACC on SeekingAlpha. In the article, he highlighted some of the possible outcomes. I encouraged for those who are more interested in the fundamentals of ACC to visit the site and read it.
Personally, I shorted ACC yesterday. The position is meant to be short term trade.
1. [...]