CBL News and Press, CBL & Associates Properties Inc. From 12/29/20

I typically enjoy being a pretty optimistic person. So I’d love to say that every one of the property sectors is going to come roaring back from their darkest days of COVID-19. But the realist in me says "that ain't gonna happen." My bets on retail have been limited, an...

More than 11,000 retail location closures have been announced in 2020, according to a report from real estate firm CoStar Group, as the pandemic helped usher in an acceleration of online shopping."This movie is not finished. I suspect we're going to see more closings throughout 2021," said fo...

High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...

The REIT sector has now achieved gains in 4 of the first 11 months of 2020, with a 22.2% total return in November. Micro cap (+29.22%) and small cap REITs (+27.91%) surged in November, while large caps (+9.14%) saw smaller gains. 89.44% of REIT securities had a positive total retu...

Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...

U.S. equity markets finished modestly lower this past week as vaccine optimism and an IPO-frenzy were offset by concerns over the ongoing intensification of the coronavirus outbreak and resulting shutdowns. A potentially pivotal turning point in the battle against COVID-19, the FDA ap...

REITs have risen a lot lately even as fundamentals remain challenged. Valuations are slowly returning to normal even before the crisis is over. The risk-to-reward is worsening for many REITs. You need to become increasingly selective to find value in the REIT sector. For fur...

Despite small overall retail sales gains in October, spending trends have weakened significantly in recent weeks, abruptly reversing the strong retail recovery in physical stores. Sales in shopping centers are poised to decline again this autumn and winter, particularly in restaurants...

The Great Financial Crisis of the prior decade resulted in long-term lingering pain for the commercial real estate sector. For REITs, "this time has been different," both for better and worse. The pandemic has resulted in a sharp plunge in property-level metrics that dwarfs that ...

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 ...