CBL News and Press, CBL & Associates Properties Inc. From 02/15/20

Recently, we took a step back to review our 2019 results in an effort to determine what we did right, what we did wrong, and what we can improve in 2020. Overall, my real-money real estate investments (including international) earned a 48.99% total return - after tax - in 2019. In compar...

Real Estate Weekly Outlook The animal spirits are alive and well. A frenetic slate of corporate earnings and M&A news was exactly what the doctor ordered to restore harmony - and record highs - to the U.S. financial markets following a two-week panic over the coronavirus outbreak. Whil...

Macerich Stock The Macerich Company ( MAC ) is one we've been monitoring for years but never owned. We've always found better relative value in peers like Simon Property Group ( SPG ). Several subscribers owned MAC prior to joining our service and asked if we'd author research on it. To ma...

CBL Properties (NYSE:CBL) today announced the first phase of redevelopment plans for the former Herberger’s department store building at Kirkwood Mall in Bismarck, North Dakota. Kirkwood Mall will welcome three fast casual restaurants, including Five Guys as well as new-to-market Blaze...

In August 2016, department store giant Macy's ( M ) announced that it would close 100 stores (mainly in early 2017) in order to right-size its store base in light of changing retail trends. For a while, that effort seemed to be successful, as comparable store sales returned to growth in late...

Co-produced with Beyond Saving The mall REIT space has been under what seems like constant siege for years. While the fundamental operating metrics have been challenged by the very real surge in tenant bankruptcies, REITs have been quite successful at backfilling properties in a reason...

Simon Property Group's ( SPG +0.6% ) proposed acquisition of Taubman Centers ( TCO +53.2% ) "further elevates SPG's quality status," writes Odeon Capital analyst Alex Arnold in a note. More news on: Simon Property Group, Inc., Taubman Centers, Inc., American Assets Trust, Inc., Financi...

Real Estate Tax Report Unfortunately, it's that time of year again: tax season. As a real estate-focused Registered Investment Advisor, many of the common questions we hear around this time of year relate to REITs and taxes: "Aren't REITs a tax headache? Do I need to file a K-1? How do RE...

CBL & Associates Properties, Inc. (CBL) Q4 2019 Earnings Conference Call February 7, 2020 11:00 AM ET Company Participants Katie Reinsmidt - Chief Investment Officer Stephen Lebovitz - CEO Farzana Khaleel - Executive Vice President and CFO Conference Call Participants C...

CBL & Associates Properties (NYSE: CBL ) sees 2020 adjusted FFO per share of $1.03-$1.13, less than the consensus estimate of $1.24, reflecting the significant impact of retailer bankruptcies and store closings on revenues and occupancy. More news on: CBL & Associates Properties,...