Friday, January 22, 2021

CIM Commercial Trust: Proxy Fight, Possible Liquidation or Sale

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CIM Commercial Trust (CMCT) is another small illiquid idea (~$240MM market cap), CMCT owns about ten office properties in LA, Oakland and Au...
45 comments:
Thursday, December 31, 2020

Year End 2020 Portfolio Review

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What a traumatic and unpredictable year, certainly it has been tragic for those directly impacted by the virus or who have suffered the dea...
30 comments:
Sunday, December 13, 2020

Colony Credit Real Estate: CLNY Moving Quickly, CLNC Sale Next?

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Colony Credit Real Estate (CLNC) is a commercial mortgage REIT that is trading at 52% of undepreciated book value (their owned real estate i...
20 comments:
Wednesday, December 2, 2020

Medley Capital: Internalizing Management, Sale Seems Likely

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Apologies for the recent string of relatively small and/or illiquid ideas, here is another one from the trash bin: Medley Capital (MCC) is a...
35 comments:
Wednesday, November 18, 2020

NexPoint Strategic Opportunities: Exchange Offer

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Back in August, I wrote up a quick post on  NexPoint Strategic Opportunities  ("NHF"), it is a closed end fund that is transitio...
24 comments:
Friday, November 6, 2020

LGL Group: Warrant Dividend, SPAC Sponsor

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LGL Group is an illiquid small (~$55MM market cap) aerospace and defense parts maker I covered once before in 2017 when they did a rights o...
14 comments:

Catabasis Pharmaceuticals: Selling at 50% of Cash, Reverse Merger Candidate

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Here's another entry in my sporadic biotech reverse merger candidate investment theme, Catabasis Pharmaceuticals (CATB) is a clinical st...
20 comments: