PEAK - Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season
Real Estate Earnings Preview
Here we go again! Real estate earnings season kicks off this week with more than 175 equity REITs and dozens of housing industry companies reporting earnings over the next five weeks. Perhaps foreshadowing a frenetic REIT earnings season, troubled mall REIT CBL & Associates (CBL) is reportedly preparing to file for Chapter 11, the first REIT bankruptcy since GGP Properties went bust during the Financial Crisis. As with last quarter, earnings season will provide pivotal information on rent collection and future dividend plans in what will surely be another