Aug. 18 at 5:52 PM
$ARE Reminder that when it crashed to
$45 originally in late 2025 it was because of forward looking projections that occupancy would move to the low 80% range in 2026. Q2 showed stabilization at around 87% and even signs of improvement despite major expirations.
All recent metrics actually point to a reversal in late 2026 and early 2027, with occupancy projections likely not going any lower. Makes absolutely no sense for it to be valued at mid
$40 range at the moment. The recovery should stake it at minimum
$50 range. I would argue more in the
$55+ range even with current headwinds