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Mad Money Spotlight: Cramer on Boston Properties

Stock quotes in this article: BXP , VNO , HCN  

REITs are basically giving away free money in the form of secondary offerings. That, at least, was Jim Cramer's take during last night's "Mad Monday" broadcast.

Boston Properties (BXP Quote) is the most recent real estate investment trust to jump on the bandwagon. Last week the company said it is offering 2.25 million shares of common stock at $50 each.

The company announced on Friday that it will sell a total of 17.25 million shares for about $841.9 million. The offering is expected to close June 10. ...

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