WPG News and Press, Washington Prime Group Inc. From 06/01/20

Washington Prime Group Inc. (NYSE: WPG) today announced that CEO and Director Lou Conforti and CFO Mark Yale will present during Nareit’s REITweek® 2020 virtual investor conference on Tuesday, June 2, 2020 at 1:05 p.m. ET. To access the Company’s live audio webcast, reg...

Real Estate Weekly Outlook U.S. equity markets surged this week, buoyed by news of positive clinical trial results from Moderna ( MRNA ) and Inovio Pharmaceuticals ( INO ) and on renewed hopes of a V-shaped economic recovery as most states and countries around the world have begun the ...

Retail landlords are sending out thousands of default notices to tenants, a situation that could tip already-shaky retailers into bankruptcy or collapse, Bloomberg News reports. More news on: Simon Property Group, Inc., Tanger Factory Outlet Centers, Inc., Washington Prime Group Inc., Fi...

Originally published on May 18, 2020 The disaster came in two phases: first, the brick-and-mortar meltdown, then COVID-19. Retail property REITs had a huge day in the stock market on Monday. The WOLF STREET market cap-weighted index of nine REITs in this space surged 12.4% on the day! ...

After the recent market collapse, the REIT sector has become very opportunistic. Many companies are now priced at similar valuations as in 2008-2009 and offer generational buying opportunities for investors who know what they are doing. REITs that commonly trade at 3%-4% dividend yields ...

One of Seeking Alpha's best features is the fact that it is an open source platform. SA editors do a great job of enforcing the editorial rules and frameworks. SA editors take an approach of a referee that 'let's them play' instead of calling ticky-tacky penalties (think some badly officiated ...

Washington Prime Group Inc. (NYSE: WPG) today announced that it has launched #ScholarSpree, a celebration of high school seniors nationwide. During the next few months the Company will be honoring the Class of 2020’s accomplishments with outdoor and digital activities with a focus on e...

Real Estate Weekly Outlook The rebound continued for U.S. equity markets this week despite another brutal week of unemployment data that showed that more than 33 million Americans - a fifth of the workforce - have filed for unemployment claims in the last seven weeks as the coronavirus-rel...

The following slide deck was published by Washington Prime Group Inc. in conjunction with their 2020 Q1 earnings Read more ...

Washington Prime Group (NYSE: WPG ) has collected ~30% of contractual base rent and charges for April, comprised of ~25% collection rate for enclosed properties and ~50% for open air properties. More news on: Washington Prime Group Inc., Financial stocks news, Earnings news and commentar...