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A helpful reminder to us by a reader on the new issue Star Bulk Carriers 8% Senior Notes(ticker:SBLKL) made us move to get a small position in this tasty yielding issue.As some you know we are not really too high on either common or preferred shares of any of the ocean shippers, but this one has a bit of a twist…

We made 2 purchases in the 2014 Model today--both issues we had mentioned last week in this space.1st off we have made a purchase of Store Capital (ticker:STOR) a new issue REIT (not a new REIT--they have been around since 2011).  As we mentioned in this short article last week Store Capital is a triple net lease owner of single tenant properties.…

We've been asked by a number of readers about our plans for a 2015 Model and as such have begun to ponder how we want to handle the new year.In 2013 we totally liquidated the portfolio at the end of the year--that was a mistake as the various allocations and performance allow us to continue with our 'experiments'.  Previous models…

Commercial lending REIT Resource Capital(ticker:RSO) has affirmed a prior 'at the money'preferred stock offering and added another issue to the issues already being offered.  The offering will cover all 3 outstanding issues of preferred stock that RSO currently has outstanding.  The issues covered are--RSO-A (8.50%), RSO-B (8.25%) and RSO-C (8.625% Floating).  They can sell up to 3,000,000 shares.In the case of the…