CBL News and Press, CBL & Associates Properties Inc. From 06/10/22

I feel conflicted about UMH, because it does have solid exposure to mobile home parks in the Rust Belt region of the US. The core portfolio is growing nicely, and rents are going up. But management has made some very poor decisions in the past with the REIT securities portfolio, a...

Simplifies Balance Sheet; Lowers Interest Expense Creates Strong, Stable Pool of Unencumbered Assets CBL Properties (NYSE: CBL) today announced that its wholly owned subsidiary, CBL & Associates Holdco II, LLC, had completed the redemption of all $335.0 m...

In its 34th annual Russell indexes annual reconstitution, following financials/real estates stocks will be added to and deleted from the Russell 3000 Index. While UnitedHealth and Nvidia replaced financial companies JPMorgan Chase and Visa in top 10  largest companies by market cap in Ru...

CBL Properties (NYSE: CBL) today announced that its latest investor presentation is available on its website. The presentation can be accessed under the Investor Relations section of cblproperties.com or by clicking here: CBL Properties June 2022 Investor Presentation ...

U.S. equity markets delivered broad-based this week- snapping a dismal skid of seven straight weekly declines - following solid retail and housing earnings results and inflation data showing signs of peaking price pressures. Climbing out of "bear-market" territory with its best weekly...

CBL Properties (NYSE:CBL) will fully redeem all $335M outstanding 10% Senior Secured Notes due 2029 on June 7, 2022. The redemption will be funded using proceeds from a new $360M non-recourse loan to be secured by a pool of high-quality outparcels and open-air centers. The transaction is cond...

Eliminates Corporate Guaranty G enerates Interest Savings and Improved Free Cash Flow C reates Significant Unencumbered Pool CBL Properties (NYSE: CBL) today announced the planned redemption of all $335.0 million outstanding 10% Senior Sec...

CBL Properties (NYSE: CBL) today announced that it has completed a partial redemption of outstanding 10% Senior Secured Notes. The Notes were redeemed utilizing CBL’s share of net proceeds from the previously announced new $65.0 million non-recourse loan. “We are thril...

One step forward, one back. After nearly doubling in value last year, Mall REITs have been the worst-performing major property sector in 2022 as the stimulus-fueled retail strength has stalled. The tech wreck has spilled over to become the retail wreck in recent weeks. Retail stocks a...

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 ...