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Mall Owner CBL Makes Overdue Interest Payments

Tennessee REIT Pays $30.4 Million on Two Loans to Avoid Default, According to SEC Filing
CBL & Associates Properties, which owns regional malls such as Parkway Place in Huntsville, Alabama, made good on overdue interest payments, taking it off a Chapter 11 bankruptcy watch list. (CoStar)
CBL & Associates Properties, which owns regional malls such as Parkway Place in Huntsville, Alabama, made good on overdue interest payments, taking it off a Chapter 11 bankruptcy watch list. (CoStar)
By Jennifer Waters
CoStar News
August 6, 2020 | 5:47 P.M.

CBL & Associates Properties has successfully dodged becoming the first U.S. shopping center real estate investment trust to file for Chapter 11 bankruptcy protection during the coronavirus pandemic.

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