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KRG Stock Down Over 70% From Highs: What This Major Exit Signals for Investors
The Motley Fool· 2025-12-08 12:00
One major fund’s latest sale offers a window into how professional investors are reassessing long-running REIT underperformance.New York City-based HGI Capital Management fully exited its position in Kite Realty Group Trust (KRG +0.09%), reducing assets by approximately $3.4 million, according to a November 14 SEC filing.What HappenedAccording to a U.S. Securities and Exchange Commission (SEC) filing dated November 14, HGI Capital Management sold out its entire holding of Kite Realty Group Trust during the ...