Update on Target
New Urban Trust got lucky with our investment in Target. Our interest in Target stemmed from the possibility of obtaining a Target REIT stock via a potential spinoff of Target's real estate holdings. However, that strategy seems to have ran its course. As time has passed and the overall economic condition has improved, our holding in TGT has increased in value by about 41%. As a result, we will be looking to close our Target position in the near future. When we sell our position in Target, we will post an update on this blog after the transaction has occurred.
10.12.2009. 09:23
Company Blog
Reduced Our Position in Strategic Hotels and Resorts (04/21/10) 
We Exited Target (10/20/09) 
Update on Target (10/12/09) 
Resources
What is New Urbanism?
Walkable neighborhoods, diverse housing, less driving, less crime. 
What is Mixed-use?
The practice of containing more than one type of use in a building or set of buildings.
