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Goldman Sachs bets $425 million on CBL Properties' small-city malls

Bond deal backs dominant regional shopping centers overlooked by institutional capital
Hanes Mall is the most prominent retail center in the Winston-Salem, North Carolina, market. (CoStar)
Hanes Mall is the most prominent retail center in the Winston-Salem, North Carolina, market. (CoStar)
CoStar News
March 16, 2026 | 7:14 P.M.

CBL Properties has secured commercial mortgage-backed securities financing from Goldman Sachs secured by 13 shopping centers in secondary and tertiary markets, signaling renewed lender confidence in dominant regional malls.

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