$11.01
-0.42 (-3.67%)
Brookfield Properties Corp (USA) (BPO)
CAPS Rating:
Owns, develops and manages premier North American commercial properties. Also operates real estate service businesses focusing on enhancing value and returns of the property. Operates a development business and own a land development and housing operation
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BPO is New York REIT. Lots of vacancy, rent declines, hard to roll-over credit. Next shoe to drop is commercial real-estate - that bubble is not yet burst. Workin in a coal mine, going down, down.....
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Commercial real estate decline
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