Increasing traffic, consumer demand and tenant performance lead to improved collections PHILADELPHIA, April 19, 2021 – PREIT (NYSE: PEI),…
PHILADELPHIA, February 11, 2021 – PREIT (NYSE: PEI), a leading owner and operator of distinctive real estate in high barrier-to-entry…
December 10 was a very exciting day for PREIT as we completed our financial restructuring, allowing us to get back…
New Capital Strengthens Balance Sheet and Extended Maturity Schedule Increases Financial Flexibility All Properties Are Open, Serving Consumers, and Ready…
Files Voluntary Petitions for Reorganization Under Chapter 11 Prepackaged Plan Approved by 95% of Voting Lenders Operations Continuing as Normal;…
Company Secures One-Month Extension and Flexibility for $25 Million Expansion of Liquidity Facility Discussions Ongoing Regarding Comprehensive Financial Restructuring Cash…
PREIT today announced that it will modify its operating hours as more experiential tenants ramp up operations throughout the portfolio. …
Fashion District Welcomes New Shops as it Celebrates its First Year of Successful Operations Newest additions Industrious, Kate Spade Outlet,…
Philadelphia, August 12, 2020 – PREIT today announced that it has executed a Secured Term Loan with certain of its…