WPG News and Press, Washington Prime Group Inc. From 10/10/19

Do you remember what you were scared of when you were little? Maybe it was just one or two things. Maybe you had a whole list of ‘em. But it’s a safe bet that monsters weren’t something you enjoyed. I don’t know what it is about little kids’ brains that...

Co-produced with Beyond Saving and PendragonY We are providing an update on Macerich Company ( MAC ), a mall REIT that we hold in our Core Portfolio. Included in this report is an update on Forever 21's impact on MAC. We continue to be very bullish on MAC. Our goal is to find oppo...

If you spend much time reading dividend articles here at Seeking Alpha , you're probably familiar with Tanger Factory Outlets ( SKT ). The outlet shopping center REIT has a high dividend yield, a long streak of annual increases, and a huge number of fans in our investing community. I join...

roCo-Produced with Roberts Berzins Since the beginning of the year, REIT averages are up by 25%: Moreover, this is only the average performance which includes some undervalued, some fairly valued, and some overvalued REITs. Many of our top picks that were deeply undervalued in late D...

Last Sunday, Forever 21 filed for bankruptcy, following months of rumors. The ubiquitous fast-fashion retailer plans to close up to 178 stores in the U.S., although some of those locations may stay open if landlords offer sufficient rent concessions. Forever 21's bankruptcy adds to the pressure...

Real Estate Weekly Outlook Not too hot. Not too cold. No equity sector benefits more from the 'Goldilocks' economic conditions of low inflation, low interest rates, and moderate economic growth than residential and commercial real estate. Economic data this past week was soft in just the...

Another gloomy breaking news alert on malls. This time, U.S. shopping mall vacancies reach 8-year high (a post-financial crisis high reached in 2011) according to data from Reis, part of Moody's Analytics. This was also picked up by some major news outlets like the Financial Times which wrot...

COLUMBUS, Ohio, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE: WPG) today announced as part of its sustainability efforts the completion of the solar panel system at Jefferson Valley Mall, located in Yorktown Heights, New York. The system is comprised of 2,746 photovol...

This article was selected to be shared with PRO+ Income subscribers - find out more here . There are lots of generalizations in the mall space. With regards to Washington Prime Group ( WPG ), one of them is that during its formation (spinoff) Simon Property Group ( SPG ) passed on all of ...

Forever 21 recently filed for Chapter 11 bankruptcy. According to CNBC, recent court filings detailed which stores they are considering closing. Does your mall REIT have any stores on the list? I detail the numbers for many popular mall REIT names, draw conclusions from the results, and expl...