Simon Property refinances the $6 billion loan credit facility through simon Property GroupSimon Property Group, Inc. (NYSE: SPG) is an S&P 100 company and the world`s largest real estate company. The company owns or currently operates in 337 retail properties in North America and Asia for an area of 244 million square feet. We are headquartered in Indianapolis, Indiana, and employ approximately 5,500 people in the United States. For more information, visit the Simon Property Group website in www.simon.com. Simon Property Group Inc. has amended and extended its $4.0 billion unsecured revolving credit facility with a $6.0 billion priority unsecured credit facility. “There has been very strong demand from lenders in our new credit facility, with commitments from 28 financial institutions,” said David Simon, President and Chief Executive Officer. “This new five-year credit facility improves our financial flexibility, resulting in a total unsecured credit capacity of $6.0 billion for the company.” With the company`s $3.5 billion priority credit facility, Simon has a total credit capacity of $9.5 billion.

After a year that most of us want to forget, 2021 is shaping up in such a way that it starts with stability and a uniform keel. The choice is certainly behind us, Biden`s new administration promises a “non-dramatic” approach, a very divided, bipartisan Congress is unlikely to pass laws, reforms, or other comprehensive laws, and COVID vaccines are ready for distribution. This is a recipe for a calm information cycle. This makes it a perfect time to stock up on the stock market. Investors can read the tea leaves or study the data – regardless of their preferred mode of stock analysis – and take advantage of this rest period to make rational decisions about stock movements. With the TipRanks database, we have set up three stocks that represent a bullous case. All three meet a profile that should be of interest to value investors. They hold unanimous Strong Buy consensus ratings, as well as a “perfect 10” of the Smart Score. This score, a unique measure, evaluates an action based on 8 factors with a proven high correlation with future outperformance. A “10” value indicates a high probability that the stock will rise next year.

Finally, all three stocks have double-digit upside potential, indicating that they are still undervalued. UMH Properties (UMH) We start with UMH Properties in the Real Estate Investment Trust (REIT) sector. This company, which started in the mobile home industry after World War II, later became the first manufacturer of prefabricated homes. Today, UMH owns and manages a portfolio of 124 manufactured flatshares spread across 8 states in the Northeast and Midwest, totaling well over 23,000 units. . . .

ludovic
j$k1947206j$kSimon Property refinances the $6 billion loan credit facility through simon Property GroupSimon Property Group, Inc. (NYSE: SPG) is an S&P 100 company and the world`s largest real estate company. The company owns or currently operates in 337 retail properties in North America and Asia for an area of...