Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

DOWN AGAIN and falling hard

[SNAKEYBOY]

Giveme a break man.  Should have swapped 100% for Hr when they were $3 apart couple weeks ago

[InvestSmarter]

Time to get activist on Samir and boot him for someone who is willing to help investors recover from this blunder and sell Artis or liquidate it. While there is still positive equity left. What a joke Artis has become.

[SNAKEYBOY]

He pi$$Ed away 100 million in Sandpipers investment over 1 year.  Net to cost basis is probably down 40m or so.   Wonder how he sleeps at night. Just PUT IT ALL UP FOR SALE

[Reece1986b]

A willingness to sell assets was what attracted me to Artis in the first place. I'm not sure why Artis wouldn't sell every asset they can at or near full NAV when they are trading in public markets for substantial discounts to NAV. One benefit of the terrible Artis debt maturity profile is that asset sales might make sense even at generous cap rates. It's really not that complicated

[SNAKEYBOY]

Selling assets is contrary to what a reit should be.... but if you wanna argue the discount is massive then it's OK.   Why go at a snails pace and go nowhere like dream office did.  SELL IT ALL... TODAY! TIME value of money and opportunity cost