The recent announcement by St. Joe Co that it faces an informal enquiry by the SEC into its accounting practices, and in light of the macro economic pressures facing the US consumer, we thought it was time to consider investor sentiment towards some of the main US Real Estate companies. We look at St. Joe (NYSE:JOE), CB Richard Ellis Group Inc (NYSE:CBG), Grubb and Ellis Co (NYSE:GBE), National Retail Properties (NYSE:NNN) and Simon Property Group (NYSE:SPG).