CMBS TO THE MOON
8 March 2009 by Cullen Roche
4 Comments
There was no stopping the spreads in CMBS as they blew out to all-time wides this past week. Commercial real estate is in shambles.
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Comments
So how can you profit from this?
Commercial RE is imploding. Short CRE names, buy puts, etc.
Most REITS are in the single digits already. Where's the downside?
Well, as I’ve been saying here for the past week I wouldn’t be applying any new short positions. On a bounce though….