When properly managed, real estate can be one of the best investment
vehicles around. When managed less well, the high levels of debt and
long timelines for development and transactions can lead to outsized
losses.
Forest City Enterprises (NYSE:
FCE-A)
doesn't conveniently fit into either of those two buckets; the company
is certainly making progress in its efforts to restructure, but the
apparent value in the shares today isn't really enough to make it
worthwhile for investors to buy into the story of transformation.
Please click here for more:
http://stocks.investopedia.com/stock-analysis/2012/Investors-Should-Probably-Delay-A-Trip-To-Forest-City-FCE-A-BXP-BPO-VNO0628.aspx
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