The company is a real estate company that owns, manages, leases, acquires and develops real estate located in: the greater Los Angeles area of California; Orange County, California; San Diego, California; and Denver, Colorado.
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The real estate market was hit in a big way in California and other states in the nearby area. For this reason, you can expect a decline in value for the stocks of this company.
Expectations are low...not a good investment now.