CBL News and Press, CBL & Associates Properties Inc. From 09/11/20

Shopping mall operators Simon Property Group (NYSE: SPG) and Brookfield Property Partners (NASDAQ: BPY) just bought J.C. Penney in bankruptcy for $1.7 billion , and have acquired -- either together or separately -- several other retailers that went under. With Macy's (NYSE: M) pr...

Remember going to your local mall in the ‘90s or ‘00s? Depending on the season, time of day, and day of the week, the place might not have been packed. But it did more than likely feature shoppers around every corner and in almost every store. Oh, those good old retail days...

Real Estate Weekly Outlook The "unofficial end" of summer came with one final "splash" in its final days as volatility returned to U.S. equity markets following several months of relative tranquility. This week's sell-off had a different and perhaps "healthy" feel to it compared to the sha...

Co-produced with Beyond Saving The impact of the COVID-19 pandemic was unexpected and has occurred at a scale that was unimaginable a year ago – it seemed really far fetched even as recently as February. There's no person or business in the entire world who has not been impacted. ...

Author's Note: This article is intended for investors oriented towards value-deep, value-distressed asset investing. Those seeking moderate- to high-risk value investments may have an interest in this article. Investments in this company at any level of the capital structure are unsuitable fo...

CBL & Associates (NYSE: CBL ) says lenders under its 2019 credit agreement intend "to continue good faith negotiations" with the company regarding a consensual restructuring of its balance sheet, according to an SEC filing. More news on: CBL & Associates Properties, Inc., Finan...

Articles about malls and the Real Estate Investment Trusts (“REITs”) that own many of them are full of very definite statements and opinions. So are many of the comments on this subject. Unfortunately, these are rarely well justified. My goal lately regarding malls has been to ...

Mall owner CBL & Associates Properties ( CBL ) announced a negotiated restructuring support agreement, RSA, last week and announced that they will file for Ch.11 bankruptcy before October 1. Since bank term loan holders have not agreed to the RSA, it is likely major changes could be made...

Mall owner CBL & Associates (NYSE: CBL) has been struggling for years. As a result, it has been teetering on the brink of bankruptcy ever since the COVID-19 pandemic hit the United States. Last Wednesday, the REIT acknowledged the inevitable. CBL issued a press release stating that ...

CBL Properties (NYSE: CBL )   slips 1.2%  in premarket trading after the REIT enters an agreement with noteholders that would eliminate ~$1.4B principal amount of unsecured notes and give the noteholders ~90% of new common equity in the restructured company. More news on: CBL ...