$CBLAQ News
Last published 5y ago
- 5y agoCBLAQRPAILPTCBL Properties Introduces Post-Emergence Board of DirectorsBusiness WireCBL Properties (OTC:CBLAQ) today announced members of the Board of Directors selected to serve following its emergence from Chapter 11 on November 1st. Jonathan Heller, Partner and head of the New York office of Canyon Partners, who joined the CBL Board
- 5y agoCBLAQJonathan Heller Joins CBL Properties' Board of DirectorsBusiness WireCBL Properties (OTC:CBLAQ) today announced that Jonathan Heller has been appointed to the company's board of directors. "We are pleased to welcome Jonathan to CBL's board of directors," said Stephen D. Lebovitz, chief executive officer. "As we move t
- 5y agoCBLAQCBL Properties Generates $13.75 Million From Recently Closed Asset SalesBusiness WireCBL Properties (OTC:CBLAQ) today announced that it closed on two strategic asset sales generating gross proceeds of approximately $13.75 million. The Company has closed the sale of the former Sears building at Harford Mall in Bel Air, Maryland to SJC
- 5y agoCBLAQCBL Properties Announces PromotionsBusiness WireCBL Properties (OTC:CBLAQ) today announced a number of promotions including two promotions to Executive Vice President and six to Senior Vice President as well as eight new Vice Presidents. "As we prepare to emerge from bankruptcy on November 1, we a
- 5y agoCBLAQCBL Properties Celebrates Opening of Hollywood Casino at York Galleria Mall in York, PennsylvaniaBusiness WireCBL Properties (OTC:CBLAQ) today announced the grand opening of Hollywood Casino, a nearly $120 million entertainment destination developed by Penn National Gaming (PNG), in the lower level of the former Sears location at CBL's York Galleria Mall, in Yo
- 5y agoCBLAQCBL Properties Reports Results for Second Quarter 2021Business WireOperations Improvement Reflects Strength of Business Recovery CBL Properties (OTC:CBLAQ) announced results for the second quarter ended June 30, 2021. A description of each supplemental non-GAAP financial measure and the related reconciliation to the
- 5y agoCBLAQCBL Properties and Vision Hospitality Group Celebrate the Opening of Aloft by Marriott Hotel at Hamilton Place in Chattanooga, TennesseeBusiness WireCBL Properties (OTC:CBLAQ) and partner Vision Hospitality Group, Inc. celebrated the grand opening of Aloft by Marriott hotel as part of the Hamilton Place Sears redevelopment project. The 135-room hotel features a one-of-a-kind rooftop bar with sweepin
- 5y agoCBLAQCBL Properties Announces New Tenants for Kirkwood Mall Redevelopment Project in Bismarck, North DakotaBusiness WireCBL Properties (OTC:CBLAQ) today announced two new tenants as part of the former Herberger's redevelopment at Kirkwood Mall in Bismarck, North Dakota. Kirkwood Mall will welcome fast casual restaurant, Pancheros Mexican Grill, and Thrifty White Pharmacy
- 5y agoCBLAQCBL Properties Announces PromotionsBusiness WireCBL Properties (OTC:CBLAQ) today announced the promotions of Jennifer Cope to Senior Vice President – Operations Services and Joseph Khalili to Senior Vice President – Financial Operations. "Throughout their careers at CBL, Jennifer and Joseph ha
- 5y agoCBLAQCBL Properties Reports Results for First Quarter 2021Business WireCBL Properties (OTC:CBLAQ) announced results for the first quarter ended March 31, 2021. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this
- 5y agoPEIWPGAONECBLAQ+1Mall Values Plunge 60% After Reappraisals Triggered by Bad DebtBloombergU.S. mall values plunged an average 60% after appraisals in 2020, a sign of more pain to come for retail properties even as the economy emerges from pandemic-enforced lockdowns.
- 5y agoWPGCBLAQMSPEI‘Purgatory’ Grips $146 Billion of Distressed Commercial PropertyBloombergGood news about vaccines and rallying financial markets suggest the end of the coronavirus pandemic is in sight, but the worst may still be to come for commercial properties.
- 5y agoEXPRBBBYAMCPEI+3Reddit Rally Share Sale Spotlights Dire Future Facing U.S. MallsBloombergThe Reddit traders bailed out a major mall investor. But the throngs of retail investors who pushed up the shares of nostalgia businesses, from GameStop Corp. to Tootsie Roll, can’t save malls.
- 5y agoCSPGCBLAQPEI+8Wall Street’s Painful Lessons From a Year of Epic Debt FightsBloombergFrom the collapse of storied retailers to the fall of a prominent hedge fund manager, 2020 offered a harsh reminder of what happens when the economy goes south.
- 5y agoGOOGLMSFTNKEW+15At-Home Shoppers Drive Record Online Sales: Black Friday UpdateBloombergWith sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.
- 5y agoSPGPEICBLAQFRAN+4Struggling Retailers Rack Up $52 Billion in Missed RentBloombergEight months into the pandemic, clothing stores, restaurants, gyms and other businesses find themselves in a $52 billion hole.
- 5y agoCBLAQPEITCOSPG+1Mall Investors See Reason for Hope With Simon Deal, Vaccine NewsBloombergThere’s finally some good news for U.S. mall owners, whose shares have taken a beating during the Covid-19 pandemic.
- 13y agoANFMACBACSKT+5Mall Owner Stocks Go From First to Last as Spending SlowsBloombergMall owners, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth.