- BySeeking Alpha-
(Reuters) -Mall owner Washington Prime Group (NYSE:WPG) filed for chapter 11 bankruptcy protection on Sunday after the COVID-19 pandemic forced it to temporarily close some of its...
By Mike SpectorNEW YORK (Reuters) - Mall owner Washington Prime Group (NYSE:WPG) Inc is preparing to seek bankruptcy protection as soon as this week after the COVID-19 pandemic...
Investing in real-estate stocks has been quite challenging since the outbreak of the COVID-19 pandemic last March. While commercial real-estate teetered on the brink of collapse,...
Four Corners Property (NYSE:FCPT) Trust FCPT recently shelled out $3.3 million for the acquisition of a BP (NYSE:BP) p.l.c. BP gas station property. The move comes as part of its...
Pennsylvania Real Estate Investment Trust (PREIT) is a self-managed and self-administered real estate investment trust (REIT). The Company's primary business is owning and operating retail shopping malls, which it does primarily through operating partnership, PREIT Associates, L.P. (PREIT Associates). The Company is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of shopping malls. The Company has a primary investment focus on retail shopping malls located in the eastern half of the United States, primarily in the Mid-Atlantic region. The Company owns interests in approximately 26 retail properties, of which 25 are operating properties and one is development property. The Company's 2s operating properties include 21 shopping malls and four other retail properties, with a total of 20.1 million square feet and are located in nine states.