Alexander's Inc.:  Numerous Signs Of Distress
ALXAlexander’s(ALX) Seeking Alpha·2024-07-16 21:10

SHansche Thus far this year, Office REITs have gained modestly, returning an average of 5.23% (most of that coming last week), compared to the REIT average of 1.07%. This stands in sharp contrast to the +18.55% return posted by the S&P 500, and even sharper contrast to the +21.20% earned by the Nasdaq 100. Hoya Capital Income BuilderThe WFH (work from home) trend kickstarted by the pandemic has had, and will continue to have, lasting effects on commercial office owners, as demand has slackened, more or l ...