Icahn sells Tropicana Entertainment's real estate to Gaming and Leisure Properties and merges its gaming and hotel operations into Eldorado Resorts.

While the high yields, relative to grocery-anchored shopping centers may look attractive, shopping center investors should give much thought to whether the risk is worth the potential reward.

Investors must rely more on cashflows or make riskier plays.

“We felt that this deal fit in line with our five-year strategy of acquiring assets in secondary and tertiary markets to get us to 100,000 units,” says Alex Arguelles, Tzadik Management's chief investment officer.