Merrill Ross (formerly with FBR and BGB) is now with Wunderlich Securities. I get the feeling that it’s the same crew of people, and that she probably didn’t even have to move the stuff on her desk to change employers.
She just launched his coverage of the mREIT space with individual reports on the same ten mREITs I wrote about these past few weeks, and a summary report on the whole group.
In what I always like to see in investments, she chooses different favorites than I did, and says why.
With permission, I post a comparative chart with price/book targets for these companies, and some of her conclusions.