Video Highlights:
- Welltower, Inc. (WELL): Welltower granted concessions to Brookdale; changed some of the covenants; Welltower agreed to fund an incremental $17 million; these are fraught relationships, basically an escalating loan
- Short – Arbor Realty Trust, Inc. (ABR): At the top end of its range; manufactured a beat in the quarter; lots of one-time items; sold more stock and didn’t talk about it with the Street; may have to take impairments on losses; multiple is going to take a hit; ABR remains a short
