RE:HRInstitutional selling.
A week ago a Canadian pension fund sold their share of a NY office building for $1. I'd imagine they and others of similar thought are selling all their office exposure down.
"I think its a winner when rates fall. And should be bought before that happends "
What if we are entering a 70s-80s era & rates rise instead? Few give thought to that, perhaps because doing so brings discomfort.