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Washington Prime Group (WPG) gets its weekly forbearance extension from certain noteholders and lenders, bringing its next expiration to June 2, 11:59 PM ET."The company is continuing to engage in negotiations and discussions with the forbearing noteholders and forbearing lenders to restructu...
Gainers: PDL Community Bancorp (PDLB) +27%. eXp World Holdings (EXPI) +13%. Marathon Digital Holdings (MARA) +12%. Puhui Wealth Investment Management (PHCF) +11%. Washington Prime Group (WPG) +9%.Losers: FinVolution Group (FINV) -6%. Q&K International Group (QK) -5%. For further details...
REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...
U.S. equity markets retreated on another turbulent week as investors backed away from speculative assets amid signs that supply shortages and surging prices have started to impair aggregate demand. Bitcoin plunged after U.S. and Chinese authorities each pushed ahead with increased reg...
Despite reporting record-low occupancy rates and rental rate spreads, mall REITs have been the best-performing property sector this year, riding the vaccine-driven reopening rotation to gains of more than 40%. "A traumatic time for our company." Reflecting on an epic plunge ...
Washington Prime Group (WPG) gets another week-long extension to its forbearance agreement with certain noteholders and lenders.The noteholders and lenders agreed to extend the forbearance pacts to May 26, 2021 at 11:59 PM.WPG said it's continuing negotiations with both groups to restructure ...
- Includes two 18-hole putting courses designed by Tiger Woods and TGR Design - Guests can chose from a full service restaurant and bar or delivery right on the course - Provides unparalleled outdoor gathering place to entertain colleagues, friends and family Washington Prim...
Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...
Washington Prime reported another quarter of plunging NOI, weak FFO, falling occupancy rates, and negative leasing spreads. The struggling REIT also designated another seven of its malls as non-core properties, including five that were considered "Tier 1" assets a quarter earlier. ...
Washington Prime Group (WPG): Q1 FFO of $0.90 misses by $0.25.GAAP EPS of -$2.52Revenue of $131.93M (-13.5% Y/Y) beats by $15.14M.Press Release For further details see: Washington Prime Group FFO misses by $0.25, beats on revenue
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Washington Prime Group Inc. (NYSE: WPG) today announced its intention to voluntarily delist from the New York Stock Exchange (the “NYSE”) its shares of common stock (the “Common Stock”), 7.5% Series H Cumulative Redeemable Preferred Stock (the “Series ...
Washington Prime Group Inc. (NYSE: WPG) today announced that Landmark Theatres will become the premier movie theatre operator at Scottsdale Quarter® (“The Quarter”), an open-air lifestyle center and mixed-use property located in Scottsdale, Arizona. The addition of La...