CBL News and Press, CBL & Associates Properties Inc. From 05/22/22

U.S. equity markets extended a dismal stretch of declines to seven-straight weeks amid concerns over persistent inflation, slowing growth, and questions over the Fed's ability to engineer a "soft landing." The S&P 500 dipped another 3.0% on the week while the Dow Jones Industrial ...

CBL Properties press release (NYSE:CBL): Q1 GAAP EPS of -$1.45. Revenue of $140.1M (+5.2% Y/Y). For further details see: CBL Properties GAAP EPS of -$1.45, revenue of $140.1M

Strong Property Performance Leads to Outstanding First Quarter 2022 Results CBL Properties (NYSE: CBL) announced results for the first quarter ended March 31, 2022. Financial results for the periods from January 1, 2021, through March 31, 2021, are referred to as those of th...

CBL Properties (NYSE:CBL) today announced that Jon Meshel has rejoined CBL as senior vice president – redevelopment after spending the last three years overseeing mixed-used redevelopments at Centennial. Prior to joining Centennial in 2019, he spent 20 years at CBL working on all...

CBL Properties (NYSE: CBL) today announced that, along with its 50% joint venture partners, it has closed on a new $40.0 million, ten-year, non-recourse loan secured by The Shoppes at Eagle Point, a Publix-anchored shopping center in Cookeville, TN. CBL and its joint venture partner ope...

Simon Property Group is the only A-rated mall REIT and we consider this dominant REIT to be an absolute gem. Our most likely model has Simon Property stock returning 25% over the next 12 months. We just doubled down on SPG stock within the Durable Income Portfolio (from 2% exposur...

CBL Properties (NYSE:CBL) will use cash on hand and proceeds from a new $65.0M non-recourse loan to pay for partial redemption of its outstanding 10% senior secured notes, the company said Tuesday. "This new loan and subsequent partial redemption of the 10% Notes will meaningfully strengthen ...

CBL Properties (NYSE: CBL) today announced that it has entered into a term sheet for a new $65.0 million non-recourse loan. CBL also announced a partial redemption of outstanding 10% Senior Secured Notes utilizing its share of net proceeds from the new financing and available cash. ...

We are seeing a perplexing amount of insider buying in housing related companies. The CEO of mortgage originator Rocket Companies bought shares this week. An interesting insider purchase this week was by a Director of retail REIT CBL & Associates, which emerged from bankruptcy...

Most REIT investors focus too much on the dividend yield. A high yield is meaningless if it leads to substantial capital losses. We highlight two REITs to avoid. For further details see: Sell Alert: Don't Chase Yield On These 2 REITs