After the market's plunge in March, the mortgage REIT issued a going concern warning that it may not have enough liquidity to meet its obligations and keep its operations afloat.
Companies may shift from a lean-inventory strategy and position more safety stock around the country, a move that calls for additional storage space and not necessarily just in the short term.
The landlords argue that the order violated their contract and due process rights and amounted to an improper taking of their property under the US Constitution.
COVID, with casual dining and a lot of other sectors, has accelerated the problems that the weaker players had to a large extent, says Boulder Group president Randy Blankstein.