Benzinga
New 2022 Lows For These 3 REITs
The carnage in the real estate investment trust sector continues as new names hit new 52-week lows. The effect of rising interest rates is hitting the group hard and it’s not clear when the Fed might “pivot” to lower rates – late 2023, early 2024? In the meantime, these rate-sensitive REITs are not attracting buyers the way they used to. Ashford Hospitality Trust Inc (NYSE: AHT) is a hotel real estate investment trust with headquarters in Dallas, Texas. The company’s assets include 99 hotels wit
Source: finance.yahoo.com