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home / news releases / VER - Avoid VEREIT And Tanger Amid The COVID Overhang

VER - Avoid VEREIT And Tanger Amid The COVID Overhang

VEREIT Inc.
  • COVID has crushed commercial real estate, including but not limited to the property types of retail, restaurants, and offices.
  • VEREIT and Tanger Factory Outlets are exposed to these end markets, all of which could experience further releasing spread deterioration.
  • Both carry elevated financial leverage, which has marred the prospects of any meaningful recovery in the equity.
  • Avoid VER and SKT.

For further details see:

Avoid VEREIT And Tanger Amid The COVID Overhang
Stock Information
Company Name: VEREIT Inc.
Stock Symbol: VER
Market: NYSE
Website: vereit.com
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