REITs Thursday Morning: Down At The Open
All of the major real estate investment trusts are down at the opening bell today in line with the general sell-off going on for the stock market as a whole. Selling is especially evident in Park Hotels Resorts (NYSE: PK ), which is off immediately by 3.11%: The REIT is re-testing the lows from earlier in June. A close at this price would represent a new low for the year for the REIT. Real Estate News Bite: With stocks selling off, many retail investors are turning to more stable assets, like shares of fractionalized rental properties. Arrived … Full story available on Benzinga.com
REITs Thursday Morning: Down At The Open
All of the major real estate investment trusts are down at the opening bell today in line with the general sell-off going on for the stock market as a whole. Selling is especially evident in Park Hotels Resorts (NYSE: PK ), which is off immediately by 3.11%: The REIT is re-testing the lows from earlier in June. A close at this price would represent a new low for the year for the REIT. Real Estate News Bite: With stocks selling off, many retail investors are turning to more stable assets, like shares of fractionalized rental properties. Arrived … Full story available on Benzinga.com