Orion Office REIT: 75% Discount To NAV, What You Are Missing
ORNOrion (ORN) Seeking Alpha·2024-06-13 23:46

pixdeluxe Everyone loves a bargain. When you see signs for 75% off, you will get extra interest. With retail sale prices, you sometimes don't know the real value. The retail price (or sometimes just the "suggested retail price"), is rarely an indicator of what anyone would pay for the item. Yet, it anchors you into believing that you are getting something for cheap, that is not actually cheap. REIT net asset values, or NAVs, are no different. Today we will look at Orion Office REIT Inc. (NYSE:ONL) and tell ...