Fast Money's Commercial Real Estate Shorts
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Date updated:04-16-2009

Melissa Lee said that problems continue to plague the commercial real estate sector with no relief in sight.

symbol name last price % change open
  • +
  • ESS
    Essex Prty Tr Inc
  • $78.06
  • -1.34%
  • $79.09

I’m short commercial real estate across the board, Finerman says. I still think there’s room to go to the downside. I'd short Essex Property (ESS), Regency Centers (REG), or Brookfield Properties (BPO).

People owning ESS also tend to own: AAPLAPLBACCATCMTLDVNLVS

TheStreet.com Rating: C What is this?

  • +
  • REG
    Regency Centers C
  • $32.80
  • -0.09%
  • $32.51

I’m short commercial real estate across the board, Finerman says. I still think there’s room to go to the downside. I'd short Essex Property (ESS), Regency Centers (REG), or Brookfield Properties (BPO).

People owning REG also tend to own: AMBAVBBPOBXPCBGDDREQR

TheStreet.com Rating: C- What is this?

  • +
  • BPO
    Brookfield Ptys C
  • $11.51
  • -0.17%
  • $11.40

I’m short commercial real estate across the board, Finerman says. I still think there’s room to go to the downside. I'd short Essex Property (ESS), Regency Centers (REG), or Brookfield Properties (BPO).

People owning BPO also tend to own: AGYSGRALVSMPELORBTUBSADAT

TheStreet.com Rating: C What is this?

  • +
  • AYI
    Acuity Brands Inc
  • $31.90
  • +2.34%
  • $30.95

Or you can look at Acuity Brands (AYI), says Guy Adami. They're a maker of light fixtures for commercial properties. If it gets up to $28 I’d get short.

People owning AYI also tend to own: AQNTAZRCATYCOMSEACFORMGES

TheStreet.com Rating: C+ What is this?

  • +
  • BXP
    Boston Pptys Inc
  • $65.50
  • -0.88%
  • $65.56

Shares of Boston Properties (BXP) closed significantly lower on Tuesday as did Simon Property Group (SPG) as well as the iShares Dow Jones US Real Estate ETF (IYR) which tracks the sector. Finerman said there is "still a long way to go" before the situation improves.

People owning BXP also tend to own: AMBAVBBPOCBGDDREQRGGP

TheStreet.com Rating: C What is this?

  • +
  • SPG
    Simon Ppty Grp In
  • $72.56
  • -1.83%
  • $73.53

Shares of Boston Properties (BXP) closed significantly lower on Tuesday as did Simon Property Group (SPG) as well as the iShares Dow Jones US Real Estate ETF (IYR) which tracks the sector. Finerman said there is "still a long way to go" before the situation improves.

People owning SPG also tend to own: CDECHTRGEPGNTOLBACCOP

TheStreet.com Rating: C What is this?

  • +
  • IYR
    Ishare Dj R Est I
  • $43.05
  • -0.76%
  • $43.05

Shares of Boston Properties (BXP) closed significantly lower on Tuesday as did Simon Property Group (SPG) as well as the iShares Dow Jones US Real Estate ETF (IYR) which tracks the sector. Finerman said there is "still a long way to go" before the situation improves.

People owning IYR also tend to own: EFAIYMMMMVTIAGGPNMEWP

TheStreet.com Rating: No Rating What is this?

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