Segal and Degel Fight for First Capital REIT

Posted on by John Sheehy

Ewing Morris Investment Partners (EM) is working with First Capital (FCR) founder Dori Segal to push for Board changes at the REIT. FCR units have been weak and trade at a bargain valuation which appears to reflect broad market factors. EM has not yet made a compelling argument for new management or operating strategy. First … Continue reading Segal and Degel Fight for First Capital REIT