TMA New York City: Covid-19 Impact on Business Environment for REITs

After ending the 2019 year with record setting capital raises and double-digit returns, market participants were looking forward to continued growth in REIT earnings in 2020.  Although, the effect of the coronavirus varies widely across sectors, the hospitality, retail, and health care REIT sectors have undoubtedly been negatively impacted by increases in costs, diminished levels of foot traffic and occupancy rates, and uncertainty regarding the timing of restrictions and closures.


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