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No. of Recommendations: 0
The debt load is not as ominous as it first appears for bpr. Because of their connection with bpy and ultimately bam, the debt load is quite manageable. In terms of same category neighborhood shopping centers, roic is probably the best managed, best performing of the group, yet the market largely ignores them. Consequently, I don't spend as much time studying fundamentals as I do the price action of what I own.
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