REITVision - Thesis Intact, Still Long

For all the nasty things we hear about CRE, may I draw your attention to:

Always remember, CRE and REITs are different.  CRE will get smacked for those who built their portfolios in 2006-2008.  REITs are a different beast.  The earnings have been decent, liquidity is strong and debt maturities are manageable.

Like the bonds and preferreds more than the equities at this juncture.