WPG News and Press, Washington Prime Group Inc. From 07/20/20

Real Estate Earnings Preview Here we go again! Real estate earnings season kicks off this week with more than 175 equity REITs and dozens of housing industry companies reporting earnings over the next five weeks. Perhaps foreshadowing a frenetic REIT earnings season, troubled mall REIT CB...

In a recent Zoom interview sponsored by New York University, Sam Zell – who chairs five public companies and is worth an estimated $4.7 billion – said that “retail is more impaired than most people suggest.” Hence the title to my article today. Because I agree...

The mall tenants that had the worst record of paying rents in April and May are generally delivering the most improvement in June, according to Odeon Capital's Alex Arnold. More news on: Simon Property Group, Inc., Taubman Centers, Inc., The Macerich Company, Financial stocks news, Consume...

As a way to create meaningful moments of connection at a time when schools were forced to cancel graduation ceremonies and senior year milestones due to the coronavirus (COVID-19) pandemic, Washington Prime Group Inc. (NYSE: WPG) properties around the country provided special opportunities th...

Real Estate Weekly Outlook Jobs, Jobs, Jobs. U.S. equity markets finished sharply higher this week as strong employment and housing market data - and reports of progress on vaccine development - overwhelmed concerns of a potential intensification of the coronavirus pandemic. An ironic juxt...

Co-produced with R. Paul Drake for High Yield Landlord Today we discuss Speculative REITs, a challenging group to define. We will discuss our definition, which is REITs paying dividend yields above 8% for good reason. Speculative REITs are one of the four categories of REITs we are usi...

As the world reopens, traffic at malls and outlet centers appears to be coming back strongly. This is a global phenomenon and, fingers crossed, this trend is poised to continue. Companies like Simon Property Group ( SPG ), Macerich ( MAC ), Brookfield Property ( BPY ) and Tanger Outlet ( SKT...

Washington Prime Group Inc. (NYSE: WPG) today announced updates to redevelopment efforts at The Mall at Johnson City, located in Johnson City, Tennessee. Highly sought-after food and beverage concepts Chipotle Mexican Grill and Chicken Salad Chick will make their debut in the Tri-Cities and w...

Washington Prime Group (NYSE: WPG )  gains 4.0%  in premarket trading after the REIT says its  enclosed properties have reopened for business. More news on: Washington Prime Group Inc., Financial stocks news, Stocks on the move, Read more ...

Year to date leasing volume through June 21, 2020 remains strong despite temporary business disruptions due to COVID-19 pandemic Many retailers experiencing strong pent up demand and increased sales per guest visit Washington Prime Group Inc. (NYSE: WPG) today announced that the ...