Luxury hotel owner Ashford Inc. ended up receiving $53 million from the government’s small business relief program, reports The New York Times. Construction workers are grateful to have jobs, but fear contagion, according to the Wall Street...
As tech firms prepare for employees to return to the office, some are downsizing to cut costs or pausing expansion plans.
The REIT lowered its guidance for the year amid a slowdown in new leases and rent cuts.
“We are already seeing actionable opportunities appear from the dislocation initially in structured credit and liquid markets,” according to Jon Gray.
Based on their year-to-date returns and growth prospects, NREI compiled a list of the REIT sectors that stand the best chance of weathering this economy.
