@ContrarianCurse Could probably partner with a theatre chain, and select only top tier renovated locations, rather than commit capital for their own real estate
@Tmac4real1@Dirtdog It's all relative between the two of them. If he's a tertiary market power center anchored by a Bob's Discount Furniture and vacant former Party City, she just needs to be a $500/ft productivity B+ mall in a secondary market in the Sunbelt.
@ContrarianCurse Disagree on REITs benefitting from low input costs. They mostly lease, not build, so higher price to build = less competitive new supply = pricing power. But they have been killed by high rates and generalist apathy
@EllliotttB Credit where it's due, Aaron has bounced around amongst some of the crappiest, grifter REITs out there and is now selling out to one of the worst