Jeffrey Donnelly

VICI Properties, Inc. (NYSE: VICI)’s acquisition of three casino properties from Harrah’s and lease changes as part of a casino industry megadeal makes the real estate investment trust company a good play, Wells Fargo said Monday. The Analyst Wells Fargo’s Jeffrey Donnelly...

With recovery in retail and favorable legislative circumstances, Wells Fargo expects real estate investment trusts to generate 4.5- to 5-percent returns to match next year’s single-digit returns in the S&P 500. The trend is seen to drive 27 winners across real estate and other exposed...

Wells Fargo Securities said La Quinta Holdings Inc (NYSE: LQ) shares could be worth $22 per share after the 2018 spinoff of its real estate to a newly formed REIT. The price target represents roughly 27 percent upside from current levels. As such, the firm upgraded shares of La Quinta from...