PEI News and Press, Pennsylvania Real Estate Investment Trust From 04/24/21

U.S. equity markets closed on the cusp of record highs as a strong slate of housing data and corporate earnings reports offset concerns over President Biden's proposed capital gains tax hike. Narrowly snapping a four-week winning streak, the S&P 500 finished lower by 0.1% on the w...

Now is not the time to be chasing yield. Buying into a high dividend yield involves taking more risk. There’s only one narrow trail leading to permanent success on the stock market. And it’s absolutely not chasing yield. For further details see: It's Still ...

Pennsylvania REIT ([[PEI]] +0.6%), also called PREIT, says rent collection rates are improving collection, as it received 119% of billed rents in Q1, up from 112% in Q4 2020 and 99% in Q3.That has bolstered its liquidity profile. Upon closing of PREIT's expanded credit facility, it put into p...

The best deals are made when the market is very pessimistic. Today, mall and mortgage REITs are hated by the market. We expect the narrative to shift in the coming years, unlocking significant value for investors who buy today. For further details see: 2 REITs That Could...

PREIT Generates Collections and Liquidity Improvements Increasing traffic, consumer demand and tenant performance lead to improved collections PR Newswire PHILADELPHIA , April 19, 2021 /PRNewswire/ -- PREIT (NYSE: PEI), a leading operator of distinc...

Mortgage service providers, under a new rule, proposed last week, would be required to delay foreclosures on primary residences until after 2021. This proposed rule would affect all servicing lenders, not just FNMA, FHLB, FHA, and VA mortgages that previously had fallen under the original forb...

PREIT's common and preferred shares survived the REIT's late 2020 bankruptcy filing intact. Most of PREIT's malls are likely to recover nicely from the COVID-19 pandemic, although it may take a few years for occupancy and rents to return to pre-pandemic levels. PREIT is still carr...

There are already signs of inflation bubbling up based on rising commodity prices, bond yields, and the housing boom. However, Fed Chairman Jerome Powell is wagering it won’t get out of control. REITs overall are positioned to benefit from an inflationary environment while ...

My paper losses on mall REITs remain significant. Investing contrary to a false media narrative was a good idea. Digging out more of the bear case would have improved my decisions. Paying more attention to covenant traps would have also helped. For further details see: ...

RQI is one of the top REIT funds on the market, though discount levels are putting the fund at 'Hold' levels. Interest rates can put pressure on REITs; however, real estate is also a natural hedge against inflation in some cases. Investors can look forward to collecting their dist...