RE:Risky as rates rise. Strong volume signals future panic
You are missing the fact that they are already actively, refinancing/renewing debt at SUBSTANTIAL discounts to the prior 5 year's rates. They have great properties.
Real Estate is a long game....and these guys use bad times to spring to new highs. They have done it before and I expect they will do it again. CEO is a mover and shaker.
I am chasing one of their Subsidiaries MRT.un. which has an even deeper value. It all filters back to the parent anyway. A couple of Bloomberg guys said they prefer the strenght of MRC. They other subsidiary is US residencial.....All good stuff. Land and Buildings....spread out.