WPG News and Press, Washington Prime Group Inc. From 04/04/20

We just experienced one of the sharpest and fastest drops in market values ever recorded. At the time of this writing… The S&P 500 ( SPY ) is down 29%. The Nasdaq (QQQ) is down 31%. The Dow (DIA) is down 32%. Data by YCharts It took years for these indexes to generate...

Buckle up. Recounting dividends by the numbers for the U.S. stock market for March 2020 and 2020-Q1 is going to be a rough ride, so let's get straight to the dividend metadata. A total of 3,869 U.S. firms declared dividends in March 2020, an increase of 187 over the 3,682 recorded in Feb...

Faced with the prospect of its tenants not being able to make rent, Simon Property Group ( SPG -15.3% ) has furloughed about 30% of its workforce, CNBC reports, citing a person familiar with the matter. More news on: Simon Property Group, Inc., Tanger Factory Outlet Centers, Inc., Washin...

Remember when the term “retail apocalypse” first came around? Who originally coined it, I’m not sure. All I know is that it caught on. Fast. Anyone who writes anything about the retail space has used it by now – even if they hate the term. Even if they disagre...

Washington Prime Group (NYSE: WPG ) extends the temporary closure of its enclosed malls with indoor common area to April 6 from March 29, or at a date that will comply with federal, state, or local mandates. More news on: Washington Prime Group Inc., Financial stocks news, Read more ...

Real Estate Factor Report: Cheap REITs Get Cheaper "Recover and Rebuild" was the theme of the real estate sector throughout the 2010s, and few could have imagined that many REITs may be facing a similar re-build in the early stages of 2020 amid the coronavirus crisis. While the majority of...

Washington Prime Group (NYSE: WPG ) is temporarily closing its enclosed assets with an indoor common area that have not already temporarily closed. More news on: Washington Prime Group Inc., Financial stocks news, Read more ...

The Company is temporarily closing its enclosed assets with an indoor common area; Open air assets and those tenants with exterior entrances located at enclosed assets may continue to remain open subject to local, state and federal mandates; Restaurant tenancy at open air assets ar...

The coronavirus has accelerated an enormous and previously slow-moving secular change in the commercial real estate industry. REIT investing isn’t what it used to be. Specifically, online shopping (retail), telecommuting (office), logistics (industrial), public safety (healthcare), th...

Washington Prime Group Inc. (NYSE: WPG) today announced that due to the heightened uncertainty relating to the duration and potential impact of the coronavirus (COVID-19) pandemic with respect to consumer facing sectors including our own, the Company is taking proactive measures to enhance it...