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Morningstar Cuts Cincinnati Mall's Value by 46%

Declining Cash Flows Prompt Owner CBL & Associates to Evaluate Options on Loan
The value of Cincinnati's Eastgate Mall has fallen to $26.5 million, according to Morningstar. (CoStar)
The value of Cincinnati's Eastgate Mall has fallen to $26.5 million, according to Morningstar. (CoStar)
CoStar News
August 13, 2019 | 8:09 P.M.

Credit rating agency Morningstar has lowered its value of CBL & Associates Properties' Eastgate Mall in Cincinnati by 46% as retail woes roil mall owners across the United States.

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