The self-storage industry’s status as a “recession-resistant business” is being put to the test during the coronavirus pandemic. But despite a sour economy, facility investors and operators will likely benefit in the coming months. See how and why.
STORE Capital Corp. stands to see $102.5 million in rent deferrals over two quarters.
The disruption from the pandemic and the subsequent liquidity pullback have spelled the end for a number of planned acquisitions.
The group outlined several actions it will take in the coming weeks and months to help promote healthy and sustainable tactics.
Brookfield Asset Management has more than $60 billion in cash to help it survive the pandemic.
The REIT had held discussions with Bank of America, among others, about a potential high-yield bond offering.
Investors across the board are interested in co-investment opportunities in distressed assets and loans.
The shift in tone follows weeks of pressure from members of Johnson’s Conservative Party pushing for a swift end to the lockdown.
How one investment management firm has been able to stay active in a market turned upside down.
