Activist Investors Tell REIT Its Cash Is More Valuable Than the Company Itself

By Franco Faraudo

Real estate's most notorious activist investor, Jonathan Litt, is at it again. Just months after pressuring Ventas to replace its board of directors, his company, Land & Buildings, has sent a letter to Equity Commonwealth suggesting that they liquidate the company. Equity Commonwealth was started back in 1988 but was taken over by the famed […]

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