Highwoods Properties' CEO is pleased with the recast, stating it bolsters the company's financial standing and liquidity. The recast is viewed as a sign of the bank group's faith in Highwoods and offers the financial leeway to chase strategic goals.
S&P analysts predict office-rated REITs' performance to suffer from weak secular fundamentals. Highwoods Properties isn't safe from overall office sector challenges and its leasing progress is under scrutiny, it could hurt operating metrics if not up to par.
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