CBL News and Press, CBL & Associates Properties Inc. From 12/09/19

CBL Properties (NYSE:CBL) today announced that it closed the sale of a 15% interest in The Outlet Shoppes at Atlanta in Atlanta, GA, to an affiliate of its existing joint venture partner, Horizon Group Properties, for total consideration of $20.8 million. The sales price included approximatel...

CBL Properties (NYSE: CBL ) plans to redevelop Coastal Grand in Myrtle Beach, SC, by moving Dick's Sporting Goods into a new building and bringing Flip N Fly into the former Dick's location. More news on: CBL & Associates Properties, Inc, Financial stocks news, Consumer stocks news, ...

CBL Properties (NYSE:CBL) today announced redevelopment plans at Coastal Grand in Myrtle Beach, South Carolina. As part of the project, DICK’S Sporting Goods will relocate to a new building near Dillard’s, which will include the addition of Golf Galaxy. Flip N Fly will then open...

Real Estate Weekly Outlook The final "jobs week" of the decade did not disappoint. A stellar non-farm payrolls report on Friday lifted US equity markets to another week of gains and fresh record weekly closing highs on the S&P 500 and the Nasdaq. Back-and-forth trade headlines dictated...

Here we go again. The long-term investors like Warren Buffett have continually urged rationality on the market even though the market appears intent upon repeating past mistakes. Evidently, it is now time to dump Pennsylvania Real Estate Investment Trust (PEI) and other related vehicles becaus...

Co-produced with Beyond Saving As most are likely aware, CBL Properties ( CBL ) has announced a suspension of all future dividends, including their preferred dividends on CBL-D ( CBL.PD ) and CBL-E ( CBL.PE ). CEO Stephen Lebovitz stated in the press release: We anticipate a...

CHATTANOOGA, Tenn. , Dec. 5, 2019 /PRNewswire/ -- CBL Properties (NYSE: CBL) announced details for the release of its results for the fourth quarter and full year ending December 31, 2019 . CBL plans to issue its earnings release for the fourth quarter and year-end after the ...

CBL Properties ( CBL ) put out a press release announcing the suspension of dividends on both common and preferred stocks through the end of 2020. The preferreds dropped about 40% on this news. Was this reaction appropriate and what impact does this move have on fundamental value? This artic...

It has been some time since I commented publicly on the situation at CBL & Associates ( CBL ) although the name has been a fairly frequent topic of conversation for me on Seeking Alpha over the years. Whether that be my postulation that the common equity might be worth absolutely nothing...

CBL & Associates (CBL) has been one of the worst performing REIT stocks for investors over the past couple of years. The mall owner's financial stress led to the suspension of its dividend earlier this year and a deep sell off in its preferred shares and unsecured bonds. Management has sin...