WPG News and Press, Washington Prime Group Inc. From 12/17/19

Macerich ( MAC ) is a name that I have been wary of in the past due to their high leverage. The leverage hasn't gone away, but after much thought, I have become more comfortable with their financing plan moving forward. I think their dividend should be cut, but that's beside the point and shou...

"End of Days": The Fortune Teller Buys* a Mall-REIT *Well, kind of... Anyone who knows me long enough in real life can testify how much I hate going shopping. Hardly ever you'll find me in a mall or a shopping center. Anyone who follows my work here, on Seeking Alpha, knows that anythi...

Reader Selections Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, It is possible that only rogues and discontinued, or dreadful, doubtful dividend issues may appea...

Co-produced with R. Paul Drake for High Yield Landlord We published two articles recently looking at historical disappearances of REITs and the one bankruptcy . This led to some welcome criticisms. Some of these criticisms led us to think and dig through some of the elements and his...

This research report was produced by The REIT Forum with assistance from Big Dog Investments . Are you going the right way? We’ve found preferred shares provide an excellent opportunity for investors to get a high yield with lower volatility. However, that's not the...

Co-produced with Beyond Saving We are pleased to provide a deep analysis on Washington Prime ( WPG ) which we hold in our Core Portfolio at High Dividend Opportunities. We lay out a strong case in this report to show why we remain bullish on this stock and also in order to remove...

Washington Prime Group (WPG), a REIT that specializes in owning malls, has been under increasing pressure after peer CBL & Associates Properties (CBL) suspended its common and preferred share dividends. While I may possess a cautiously optimistic outlook on CBL , a deep dive into Washingt...

Co-produced with Beyond Saving As most are likely aware, CBL Properties ( CBL ) has announced a suspension of all future dividends, including their preferred dividends on CBL-D ( CBL.PD ) and CBL-E ( CBL.PE ). CEO Stephen Lebovitz stated in the press release: We anticipate a...

Earlier this year, struggling retail REIT CBL & Associates ( CBL ) suspended its common dividend for two quarters to help fund a class action settlement. However, CBL continued to pay dividends on its preferred shares. Moreover, at the time, management said the REIT would likely resume d...

This past spring, I demonstrated why Washington Prime ( WPG ) stock was a good short sell candidate when it was trading at $5.60. Shares proceeded to drop nearly 50% in ensuing months as the lower-tier brick and mortar malls have continued to struggle. Despite ongoing poor operating res...