This Dividend Stock Is Finally Recovering From the Pandemic
The COVID-19 lockdowns over the past 18 months were particularly hard on apartment real estate investment trusts (REITs), as many had tenants who were unable to work and pay rent. Urban density fell out of favor as well, which hit urban apartment buildings particularly hard.
Equity Residential (NYSE: EQR), one of the leading apartment REITs in the country, has been working to resolve the difficult situation and its management recently reported that its recovery from pandemic-related shortfalls is almost complete.
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Source Fool.com
