WPG News and Press, Washington Prime Group Inc. From 04/14/20

To keep expenses down during the shutdowns triggered by the spread of the coronavirus, Washington Prime Group ( WPG +3.5% ) will reduce annual base salaries of several executive officers temporarily, according to an SEC filing. More news on: Washington Prime Group Inc., Financial ...

Let’s start with the bad news : The REIT ( VNQ ) market has crashed even worse than the broader stock market ( SPY ) – resulting in a 35% drop in share prices: Data by YCharts And this is just the average of the sector. Many REITs dropped closer to 60%. I understand the ...

Real Estate Weekly Outlook Back to work soon? U.S. equity markets posted their strongest weekly gains in decades amid mounting evidence that the "coronavirus curve" is flattening in key "hotspots" around the world including New York City and western Europe. Epidemiological models that we...

Washington Prime Group Inc. (NYSE: WPG) today announced Well Picked Goods, a weekly digital curation of merchandise selected by the General Manager of the featured town center. Comprised of offerings from our local, regional and national tenants, expect to see the practical as well as whimsic...

Editors' Note: This is the transcript of the video we posted April 6th. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the video as well as a combined podcast featuring two other interviews along with this one, embedded ...

Article Thesis Much has been said about the so-called retail apocalypse in the past, a term that describes the presumed death of brick-and-mortar retail ( XRT ), primarily centered on shopping malls. In reality, not all brick-and-mortar retail is created equal, though, and although it is t...

I’ll be honest – we did not see the economic shutdown from Coronavirus coming. Our daily efforts are dedicated toward looking at the fundamentals of specific securities as well as the macro economy. Stock specific fundamentals of the REITs we owned looked strong and the economy...

 Washington Prime Group continues its proactive stance as a community resource by launching a small business support initiative Washington Prime Group Inc. (NYSE: WPG) today announced that the Company has partnered with the Institute for Justice Clinic on Entrepreneurship and me...

by Daniel Shvartsman Over the past week or so, we've shined a spotlight on the real estate sector and real estate investment trusts (REITs), asking authors what's going on and how they are dealing with it. We had a group roundtable on the topic, and then interviewed two Seeking authors a...

We just experienced one of the sharpest and fastest drops in market values ever recorded. At the time of this writing… The S&P 500 ( SPY ) is down 29%. The Nasdaq (QQQ) is down 31%. The Dow (DIA) is down 32%. Data by YCharts It took years for these indexes to generate...