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RW Holdings Writes Down Value 32% Due to Coronavirus

Owner of Triple-Net Properties Reports Tenant Troubles, Projects Longer Lease-Up Times
In its write-down of net asset value, RW Holdings NNN REIT cited a property in Las Vegas leased to 24 Hour Fitness. (CoStar)
In its write-down of net asset value, RW Holdings NNN REIT cited a property in Las Vegas leased to 24 Hour Fitness. (CoStar)

RW Holdings NNN REIT, a Costa Mesa, California-based nonlisted real estate investment trust, has significantly reduced its net asset value due to the economic effects of the coronavirus pandemic.

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