Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

This Mall Operator’s Portfolio of Troubled Retailers Could Force a Bankruptcy Filing

By
CBL could be the first mall operator to file Chapter 11 as tenants impacted from COVID-19 can't pay rent, putting it in default on its debt.
The entrance to Oak Park Mall in Overland Park, KS., a CBL property.
CREDIT: AP Photo/Charlie Riedel

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Join Us

Mall operator CBL & Associates Properties Inc. is believed to be inching toward a Chapter 11 filing. If the filing were to happen, it would make CBL the first mall operator to file in the wake of the coronavirus outbreak. Last month the real estate investment trust issued a going-concern warning, flagging a $139-million first-quarter…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!

© Copyright Sourcing Journal Media, LLC.

ad