CBL Properties announced that it, along with its 50% joint venture partner, Horizon Group Properties, closed a new $79.3 million loan ($39.7 million at CBL?s 50% share) secured by The Outlet Shoppes of Atlanta, the premier outlet shopping destination located in Woodstock, GA. The new non-recourse ten-year loan bears a fixed interest-only rate of 7.85% and replaces two loans with an aggregate balance of $69.5 million (at 100%) that were set to mature in November 2023.
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Other stock markets
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5-day change | 1st Jan Change | ||
21.92 USD | +1.58% | +0.46% | -10.24% |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
21.92 USD | +1.58% | +0.46% | 701M | ||
2 USD | +2.56% | -.--% | 19.6M | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-10.24% | 701M | |
-6.46% | 46.25B | |
-8.31% | 20.33B | |
-3.56% | 13.07B | |
+16.05% | 11.53B | |
-4.85% | 9.68B | |
-0.83% | 8.48B | |
-14.19% | 8.38B | |
+1.38% | 7.63B | |
-18.42% | 5.53B |
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- CBL Properties and Horizon Group Properties Close $79.3 Million Non-Recourse Loan Secured by the Outlet Shoppes of Atlanta