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Mall Owners To Department Stores: 'See Ya, Wouldn't Want To Be Ya'
Thursday, September 15, 2016 - 7:03am | 415Malls are dying, apparently. So when an anchor tenant like Macy's Inc (NYSE: M) announced plans to close 100 stores it merely sped up the official demise of malls, right? According to Gadfly's Shelly Banjo, this couldn't be further from the truth. In fact, mall owners, such as...
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Are Malls And Real Estate Owners In Trouble? The Bond Market Says 'Yes'
Wednesday, July 6, 2016 - 8:21am | 336According to the Wall Street Journal, the total value of bonds backed by personal, corporate and real-estate loans plummeted $98 billion from the first six months of 2015 as investors fled riskier types of bonds. The drop in bonds is viewed as a negative for shopping mall owners and businesses that...
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Attention Mall REIT Investors: $47.5 Billion Of Loans Are Set To Mature Over The Next 18 Months
Thursday, June 16, 2016 - 8:13am | 336The rise of e-commerce could very well result in the death of the malls. According to Bloomberg, the looming death of the shopping malls could come sooner, rather than later. The publication, citing data from Bank of America Merrill Lynch, stated that around $47.5 billion worth of loans backed by...