WPG News and Press, Washington Prime Group Inc. From 11/29/20

Climbing collection rates bode well for retail-focused REITs, as the owners of open-air shopping centers, enclosed malls, and other retail assets claw their way back from May's trough, writes Odeon Capital analyst Alex Arnold.And investors have noticed. Retail REIT shares, on the whole, have ...

Gainers: Newborn Acquisition (NBAC) +58%. Dunxin Financial Holdings (DXF) +21%. RMG Acquisition (RMG) +10%. Kensington Capital Acquisition (KCAC) +12%. Harvest Capital Credit (HCAP) +11%.Losers: Ashford Hospitality Trust (AHT) -17%. Washington Prime Group (WPG) -13%. Pennsylvania Real Estate ...

Gainers: AnPac Bio-Medical Science (ANPC) +97%.Mmtec (MTC) +79%.Newborn Acquisition (NBAC) +49%.Elys Game Technology (ELYS) +45%.WidePoint (WYY) +42%.ZK International (ZKIN) +39%.Cocrystal Pharma (COCP) +37%.Renalytix (RNLX) +31%.Tuniu (TOUR) +28%.Sierra Wireless (SWIR) +2...

The Great Financial Crisis of the prior decade resulted in long-term lingering pain for the commercial real estate sector. For REITs, "this time has been different," both for better and worse. The pandemic has resulted in a sharp plunge in property-level metrics that dwarfs that ...

REITs that suffered the most from the pandemic are getting another boost with the news that another COVID-19 vaccine candidate will be submitted for emergency use authorization in the coming weeks.On a broad scale, the Vanguard Real Estate ETF (VNQ) gains 1.9% in premarket trading.S...

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

Most investors put their net worth in financial assets like stocks, bonds and cash. I prefer to invest mine in hard assets. You can get exposure to hard assets through publicly-traded vehicles. Below I explain why I have 60% of my net worth in hard assets, and why you should d...

Solar is coming to the REIT world. I believe it will save costs and increase cashflows. REITs have the land and roof space to make it happen at a greater scale. For further details see: Solar REITs: The Blazing Opportunity That Few See Coming

Washington Prime Group ([[WPG]] +4.7%) will sell ~43.1 acres, which include part of its Westminster Mall shopping center in Orange County, CA, to Taylor Morrison ([[TMHC]] +2.4%) for ~$160.05M, it disclosed in an SEC filing late Thursday.The two companies also agreed to cooperate and negotiat...

Washington Prime Group Inc. (NYSE: WPG) today announced that CEO and Director Lou Conforti and CFO Mark Yale will present during Nareit’s REITworld ® 2020 virtual investor conference on Wednesday, November 18, 2020 at 3:45 p.m. ET. To access the Company’s live...