CBL News and Press, CBL & Associates Properties Inc. From 11/19/20

REITs are up a lot in the past week. But this is just the beginning of the repricing. Many of our holdings have the potential to more than double in the recovery. In today's article, we discuss two of them. For further details see: 2 REITs With >100% Upside Potential ...

CBL Properties (CBL) (CBLAQ), which filed for Chapter 11 bankruptcy at the beginning of the month, saw Q3 adjusted FFO per share shrink to 4 cents sank from 34 cents in the year-ago quarter, as the REIT's business was hurt by rent abatements and uncollectable revenue from tenants unable to pa...

Recently we learned that two mall real estate investment trusts, or REITs, declared bankruptcy after the COVID-19 pandemic decimated their already-fragile businesses. Pennsylvania Real Estate Investment Trust (NYSE: PEI) and CBL & Associates (NYSE: CBL) were the first tw...

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

Most investors put their net worth in financial assets like stocks, bonds and cash. I prefer to invest mine in hard assets. You can get exposure to hard assets through publicly-traded vehicles. Below I explain why I have 60% of my net worth in hard assets, and why you should d...

Wells Fargo (WFC), which is representing senior lenders that are owed ~$1B by CBL & Associates (CBL), agreed to refrain from seizing rent payments owed by retailers to the mall owner while the two parties hash out the matter in bankruptcy court.via Bloomberg.A U.S. Bankruptcy judge signed...

Pennsylvania REIT filed for Chapter 11 bankruptcy on November 1. This has led many to assume that shareholders will immediately lose ownership and even that the REIT may liquidate. Neither of these is the case at present. For further details see: The Artificial Bankruptc...

Pushed to the brink by the pandemic, Mall REITs entered 2020 on unstable footing following a tsunami of store closings over the past decade, and the forthcoming vaccines may be too-little-too-late. Despite improving rent collection and foot traffic, earnings reports revealed that...

REIT mall owner CBL & Associates filed for Ch.11 bankruptcy on Nov.1. Actions taken by the administrative agent for bank lenders forced the bankruptcy filing. A new term sheet for recoveries was filed on Oct. 27 that would give a less favorable recovery for noteholders than th...

U.S. equity markets surged by the most since April on an election week rally fueled by the mounting prospects of a divided government after the "Blue Wave" failed to materialize. Rebounding from their worst week since March, the S&P 500 surged by 7.2% this past week while the Dow ...