Plaza Retail REIT (OTCPK:PAZRF)
$ 2.63 0 (0%) Market Cap: 279.40 Mil Enterprise Value: 765.49 Mil PE Ratio: 17.53 PB Ratio: 0.70 GF Score: 64/100
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Q2 2020 Plaza Retail REIT Earnings Call Transcript

Aug 07, 2020 / 02:00PM GMT
Release Date Price: $2.45
Operator

Good morning. I would like to welcome everyone to the Plaza Retail REIT Second Quarter 2020 Earnings Conference Call. (Operator Instructions) I would like to advise everyone that this conference is being recorded. I will now turn the conference over to Mr. Michael Zakuta, Plaza's Chief Executive Officer. Please go ahead, Mr. Zakuta.

Michael Aaron Zakuta
Plaza Retail REIT - President, CEO & Trustee

Thank you, operator. Good morning. Thank you for joining us on our Q2 results conference call.

We are legally obliged to tell you that today's discussions include forward-looking statements. We'd like to caution you that such statements are based on management's assumptions and beliefs. Please refer to Plaza's public filings for a discussion of these risk factors.

As we've now completed the most challenging quarter in our history, we're definitely feeling positive about our business. Collection levels have gone through 90% in July. We recently received the bulk of the CECRA funds owing to us. Over 98% of our stores are open and, in general, we

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