Login
Breaking News

CBL Extends Date That Could Make It First Retail REIT to File for Chapter 11 in Pandemic

Delay Reminds Retail Industry Even Prepackaged Bankruptcies Don’t Always Go as Planned
CBL Properties’ holdings include the CherryVale Mall in Rockford, Illinois. (CoStar)
CBL Properties’ holdings include the CherryVale Mall in Rockford, Illinois. (CoStar)
By Jennifer Waters
CoStar News
September 28, 2020 | 8:14 P.M.

With the clock ticking and no solid agreement in place, CBL & Associates Property got a two-week extension on plans that could make it the first retail real estate investment trust in the country to file for Chapter 11 bankruptcy protection in the pandemic.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | CBL Extends Date That Could Make It First Retail REIT to File for Chapter 11 in Pandemic