The three largest REITs, I need to look into
- Simon Property Group [SPG], the biggest owner of malls and other retail properties in the country;
- Boston Properties [BXP], a large owner of Class A offices in New York, Washington, Boston and San Francisco;
- AvalonBay Communities [AVB], one of the largest owners of rental apartments in the most vibrant rental markets on the east and west coasts.
All three are well capitalized, in the Standard & Poor's 500, extremely well managed, well positioned from a property standpoint, and with a lot of capital so they aren't going to be caught in a liquidity crunch - supposedly !! :).
Is internet juggetnaut (likes of Amazon and ebay) going to kill the Mall..maybe..
Will technology advances (and high Gas prices) force people to telecommute ..again maybe..People will always need a place to stay ( and telecommute from)..AVB is worth looking into.