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A Roundup of REITs
COMPANY PRICE CURRENT (SYMBOL) 12/16/96 DIVIDEND YIELD CALI REALTY (CLI) 27 7/8 6.5% Offices in Manhattan to benefit in rebounding market CRESCENT REAL ESTATE (CEI) 46 7/8 5.2 Aggressive acquirer of office space in Sunbelt FELCOR SUITE HOTELS (FCH) 36 1/2 5.0 Buys and upgrades hotels, then converts to Embassy suite name MACERICH CO. (MAC) 24 7.3 Value play on the western regional mall owner SIMON DEBARTOLO GROUP (SPG) 29 3/4 6.6 Lots of upside potential in Debartolo properties SUNSTONE HOTEL INVESTORS (SSI) 12 3/8 8.1 Small West Coast chain with room for growth DATA: CGM REALTY, COHEN & STEERS REALTY SHARES, GREEN STREET ADVISORS AND
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Updated June 13, 1997 by bwwebmaster
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