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Retail REIT Gets Second Extension on Chapter 11 Bankruptcy Filing

CBL Says It Will Not Cover $6.9 Million Interest Payment on Outstanding Debt
CBL & Associates Properties’ retail holdings include Oak Park Mall in Overland Park, Kansas. (CoStar)
CBL & Associates Properties’ retail holdings include Oak Park Mall in Overland Park, Kansas. (CoStar)
By Jennifer Waters
CoStar News
October 15, 2020 | 4:13 P.M.

CBL & Associates Properties, poised to be the first U.S. retail real estate investment trust to seek bankruptcy protection during the pandemic, has obtained another extension on its Chapter 11 filing as talks with creditors continue.

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News | Retail REIT Gets Second Extension on Chapter 11 Bankruptcy Filing