No Love For Cedar, There Are Better Low-Hanging Fruit

We believe that Cedar trades below its net asset value by 10-20%, which could be enticing to many investors!


  • The portfolio repositioning has left the REIT in a better place than it has been in years, but is it enough?
  • Activists are on its tail, causing the stock price to increase.
  • Our thoughts on this mid-Atlantic shopping center REIT.