Tuesday, November 06, 2007

Grubb & Ellis and NNN
Here is an interesting chart. It is the one-year performance of Grubb & Ellis (GBE). I wonder what the market is saying about the merger between Grubb & Ellis and NNN. The stock's decline started shortly after the merger was announced in late May.


Another, more positive, way to view the chart is to say the the stock performance mirrors the problems in the credit market more than the perception about the merger, because it does mirror the credit problems. The merger of the broker and the syndicator should be complete in mid-December.

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