its shares often grab
CBL Associates Properties (CBL) Equity (14.3%) versus Debt (+6.0%)CBL Associates Properties is a retail REIT, and its shares often grab the attention of income focused investors because of its huge 14.3% yield. However, this is a REIT we have no interest in owning because the recent dividend cut is an indication to us that management sees more pain ahead as its portfolio of lower quality retail locations (see rent and sales per square foot in our earlier table) will continue to face challenges. CBL has a very low price to FFO multiple of only 2.9 times ($5.65/$2.10), which we view as a danger, not an opportunity. cheap iphone Cases Orion Krause, who was charged in the slayings, was ordered Monday to be sent to Bridgewater State Hospital pending a competency hearing. phonecasesbestgo After the killings Friday, a neighbor said the 22 year old Oberlin College graduate from Rockport, Maine, showed up naked and muddy at his home in Groton, about 40 miles northwest of Boston, and said he