Post Covid-19: 50% of Malls Could Close

Many U.S. malls are at risk of closing for good because of the pandemic. A new analysis by Green Street Advisors is predicting that coronavirus shutdowns will push department stores into bankruptcy, and force more than half of all U.S. malls to close by the end of the year. If you are a homebuyer or investor, you should check on the status of a nearby mall to see if it might affect your property value. Green Street says there are 1,000 malls still operating in the U.S. and about 60% of them are anchored by department stores... www.NewsForInvestors.com