Realty Income Reports Rent Collections Have Stabilized

Realty Income Reports Rent Collections Have Stabilized

The past year has been incredibly rough for financial stocks, especially real estate investment trusts (REITs). REITs with retail exposure fared the worst, especially mall REITs. The triple-net REITs like Realty Income (NYSE: O) fared better since more of their tenants were considered essential businesses and were able to remain open during the lockdowns.