Thursday 30 April 2020

Investors who shorted malls stand to make out big

The coronavirus pandemic may be the final nail in the coffin for some retailers and shopping malls. For certain investors, that’s a good thing. Those who shorted the mall-heavy CMBX 6 index are seeing their bets pay off faster than they thought as tenants come up short on rent and mall owners miss mortgage payments, according to Bloomberg. MP Securitized Credit Partners is among the investment firms that bet the index would lose value. The



source https://therealdeal.com/2020/04/30/investors-who-shorted-malls-stand-to-make-out-big/

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