Stock Investors Stay Bearish on Apartments

Wall Street Journal, Sept. 8, 2020–Will Parker (subscription)

Apartment owners who have been regularly reporting rent collections from more than 90% of their tenants seem to be weathering the pandemic better than landlords of malls and hotels. But Wall Street isn’t buying it. The FTSE Nareit Equity Apartments index, which tracks the stock prices of publicly traded apartment landlords, is down more than 21% year to date.
https://www.wsj.com/articles/stock-investors-stay-bearish-on-apartments-11599559200?