With fiscal second-quarter sales growth of 23.4%, it’s safe to say Home Depot (NYSE:HD) has performed quite well during the coronavirus pandemic. As an essential business, the home improvement behemoth was able to keep its doors open to serve the needs of millions of shoppers. Its stock price has risen […]
Bet
Real estate billionaire David Simon is facing a make-or-break moment whether he can reinvent his mall business with a controversial bet on JCPenney
Real estate titan David Simon is set alongside another large landlord to acquire JCPenney’s brand and operations, including 550 stores it owns or leases. It’s Simon’s largest push yet beyond owning malls into possessing the retail businesses that occupy them, a divide few owners have crossed. © Mireya Acierto/Getty Images; […]
New ETF Could Be Better Real Estate Bet
Despite low interest rates, a scenario that historically favors the group, real estate stocks and exchange-traded funds are struggling this year. © Provided by Benzinga What Happened: Struggles hastened by the demise of brick-and-mortar stores and the work from home theme punishing commercial office space firms are among the factors […]