Alexander's, Inc. (NYSE:ALX)
CAPS Rating:
A real estate investment trust which is engaged in leasing, managing, developing and redeveloping its properties.
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A real estate investment trust which is engaged in leasing, managing, developing and redeveloping its properties.
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So much debt 10x the enterprize value ... Can you say bankrupt !!
More debt this week, to build yet another mall when retail outlets are already up 5% over last year and sales are down this year.
This is the year of the retail squeeze.