CBL & Associates Properties Inc. ($CBL)

REIT finally capitulates into bankruptcy.

🛍New Chapter 11 Bankruptcy Filing - CBL & Associates Properties Inc.🛍

CBL & Associates Properties Inc. ($CBL), a real estate investment trust that owns and manages 107 properties* encompassing 67mm square feet of retail space across 26 states, suffered from the same “trickle up” concept articulated by the CFO of Pennsylvania Real Estate Investment Trus…