Mortgage REITs that borrowed money in recent years to augment their returns have been sucker-punched by pandemic-inspired economic turmoil, with margin calls putting intense pressure on borrowers. Now, their valuations have also tumbled.
Read Full Article: https://www.bisnow.com/national/news/capital-markets/mortgage-reits-on-the-edge-of-collapse-103630 Comments are closed.
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March 2021
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