04-23-2015, 02:27 PM
(04-23-2015, 02:16 PM)Kerim Wrote: Nice article, Eric!
Like others, I had also read Brad T's article featuring STAG earlier today. With two recommendations like that, it is clearly worth a closer look.
My ARCP wound is still fresh, though, and when I see in your article that STAG has only been public a short time and has been growing rapidly, I get flashbacks.
Any reassurance?
Thanks!
I got burned on ARCP as well, but the BBB- and positive outlook for credit rating and seemingly conservative debt/EV levels reassured me with STAG. Also, STAG is growing by buying individual properties while ARCP was buying entire REIT portfolios from private holdings and doing large deals, IE the Red Lobster fiasco.
Totally different animals IMO.