Americas Core Credit: REIT Options; Out of Court Solutions v. Chapter 11 (May 28, 2021)

Reorg Radio

This week our Americas Core Credit podcast features a replay of our recent REITs webinar discussing certain REIT subsectors and how companies have restructured capital structures in light of reduced revenue caused by the Covid-19 pandemic. Mall REITs CBL and Pennsylvania REIT have each sought chapter 11 protection, and Washington Prime Group has warned of a possible chapter 11. However, hotel REITs Ashford Hospitality and Hersha Hospitality have so far avoided bankruptcy by securing out of court financing and selling assets, respectively. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial