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$30.13 3.33 (12.43%)
10/10/2008 4:03 PM

Corporate Office Properties Trust (OFC)

CAPS Rating:
*

A fully-integrated and self-managed real estate investment trust that focuses on the acquisition, development, ownership, management and leasing of primarily Class A suburban office properties in the Greater Washington, D.C. region and other submarkets.

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Recs

2

Avatar menachem18 (45.84) Submitted: 12/25/07 11:36 PM : Outperform Start Price: $31.47 OFC Score: 36.22

This company will likely avoid the housing market meltdown. If only because it deals in office and commercial properties not residential real estate.

However it is carrying a large debt load. This can be very bad given the credit market crunch that we are experiencing. If it needs to refinance any of its holdings it may not be able to find the financing it wants.

What I like about this company is that they are still paying dividends. Some REIT's have stopped paying dividends and abandoned their REIT status. If the FED continues to lower interest rates then their regularly increasing dividend will make them more attractive.

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Avatar lquadland10 (< 20) Submitted: 2/19/08 12:04 AM

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wrong why? as jobs are cut business close and so go the dominoes.

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