Thomas Properties Group, Inc. (NASDAQ:TPGI)
A full-service real estate operating company that owns, acquires, develops and manages office, retail and multi-family properties on a nationwide basis.
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no cash lots of debt
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Collective net asset value of the real estate is worth significantly more than the Market Cap. They've worked through the short-term credit squeeze stress.
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I think we're going to start seeing the real estate market make a comeback.
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