This REIT Survived Bankruptcy: These Are the 2 Keys to a Rec

This REIT Survived Bankruptcy: These Are the 2 Keys to a Recovery


Author Bio
Adam Levine-Weinberg is a senior Industrials/Consumer Goods specialist with The Motley Fool. He is an avid stock-market watcher and a value investor at heart. He primarily covers airline, auto, retail, and tech stocks. Follow him on Twitter for the latest news and commentary on the airline industry! Follow @AdamLLW
Last fall,
Pennsylvania Real Estate Investment Trust (NYSE:PEI) filed for bankruptcy protection, brought down by too much debt and a sharp drop in revenue resulting from store closures and retail bankruptcies. However, PREIT emerged from bankruptcy within weeks without wiping out (or even diluting) shareholders' interests.
Yet while the retail REIT survived bankruptcy, that doesn't guarantee a happy ending for shareholders. Let's take a look at what PREIT needs to do to return to health.

Related Keywords

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