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Ackman's ICSC Presentation: "If You Wait For The Robins, Spring Will Be Over"

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Here's a 68-page look into William Ackman's mindset. It's a much rosier outlook on things than what we heard from the majority of people we talked to at ICSC's New York National Conference and Dealmaking. Even folks that had optimistic outlooks weren't quite this optimistic. Then again, there's a reason Ackman's as successful as he is. In addition, Ackman is largely talking about the outlook for public mall REITs. REITs, in general, have fared better than private owners this year because of their ability to tap public markets for debt and equity. That's how they've been able to delever.

ICSC Mall REIT Presentation 12-7-2009

(Via Value Plays)

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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