Why savvy real estate investors are looking at mid-level malls

High dividends have some investors taking a second look at “class B” shopping centers. Due to falling share prices, mall operators’ dividends have increased dramatically, some well over 15 percent, the Wall Street Journal reported. For example, Tennessee-based CBL & Associates Properties and Ohio-based Washington Prime Group saw dividends spike 19 and 18 percent, respectively, last year, even as shares nosedived Still, the federal tax overhaul, coupled with rising income of consumers, could act in […]

Source: Real Estate

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