The IPO's Of REIT's (2021-2022)

Nobert

Nobert

Cause - covi.
Effect - Plenty of REIT's going IPO during 2021-2022.

Did someone acquired large chunks of their shares OTC while they were cheap through covi and later on made them to go IPO ?

Some of those were privately held for years.

Or is it them raising capital in order not to sink ?
 
There were a lot of IPOs of EVERYTHING the last couple years. Even stupid SPACs made a silly return, despite we all knew they were bad (except for millennials who thought they knew-it-all).

That said, the large amount of debt that REITs hold is wrecking them now that the easy-days of cheap money is long over with. The wrekoning is here, and so are the discounts.
 
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