Forest City Enterprises, Inc. (NYSE:FCE-A)

CAPS Rating: 4 out of 5

The Company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States.

Recs

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Player Avatar chicagocubs (84.72) Submitted: 8/25/2006 4:42:08 AM : Outperform Start Price: $49.44 FCE-A Score: -60.54

Forest City is a great company that is expanding big time in their target market areas: Boston, California, Chicago, Denver, New York and Washington D.C. Other areas with concentrated investments and properties include Richmond, Cleveland, Las Vegas, Pittsburg, and Philadelphia.

The company focuses on large buildings in high-growth urban areas. They also focus on reinvesting to increase the value of their properties.

New York alone boasts 33 Commercial properties and 11 Residential Properties. Among those you may recognize are: New York Mercantile Exchange (NYMEX), Embassy Suites Hotel, New York Times Building, Hilton Times Square, Atlantic Center, Atlantic Terminal, Atlantic Terminal Office, Shops at Atlantic Terminal Site V.

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