Cousins Properties Inc (CUZ) has disclosed a new risk, in the Debt & Financing category.

Cousins Properties Inc. faces significant risks related to judicial proceedings with borrowers, including the potential need for lengthy and costly foreclosure processes. The company may be forced to take ownership of foreclosed properties, which involves different and often greater risks than holding assets secured by those properties. Such ownership could lead to substantial operational and redevelopment costs, adversely impacting the company's financial health and liquidity. Additionally, legal challenges by borrowers, including bankruptcy filings, could further delay or complicate foreclosure actions, potentially resulting in financial losses for Cousins Properties Inc.