New York City REIT, Inc. (NYSE:NYC) (“NYC” or the “Company”) announced today that it will change its name to American Strategic Investment Co. effective on January 19, 2023 and the Company will
New York City REIT, Inc. (NYSE: NYC) ("NYC" or the "Company") announced today that it intends to expand the scope of the assets and businesses the Company may own and operate.
Equity real estate investment trusts (REITs) have outperformed mortgage REITs, as mortgage real estate investment trusts have posted annualized returns of 8.2% over the past 10 years.
Gainers
Micro Focus International plc (NYSE: MFGP) shares surged 92% to close at $6.01 on Friday after the company reached an agreement with OpenText to be acquired for $6 billion.