Is the Worst Over for Simon Property Group?

Not only were virtually all U.S. malls forced to shut down as the pandemic worsened, but many of the largest mall-based retailers have declared bankruptcy in the months since the novel coronavirus outbreak reached the U.S. With COVID-19 case numbers well below their peak but still at alarmingly high levels, and with the winter cold and flu season right around the corner, investors are wondering: Is the worst over for Simon Property Group (NYSE: SPG), the largest mall real estate investment trust? How has Simon fared in the pandemic?