CBL
CBL PropertiesCBL
CBL
About: CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
Employees: 477
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
22,631% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $120K
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
16% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 49
11% more capital invested
Capital invested by funds: $642M [Q3] → $712M (+$69.5M) [Q4]
5% more funds holding
Funds holding: 146 [Q3] → 154 (+8) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
2.29% less ownership
Funds ownership: 81.01% [Q3] → 78.72% (-2.29%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for CBL.
Financial journalist opinion
Neutral
Business Wire
5 hours ago
CBL Properties Announces Satisfaction of Term Loan Extension Test
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) announced today that the principal balance of its non-recourse term loan had been reduced to $668.3 million, successfully meeting the extension test to secure a one-year extension. The loan's maturity will automatically extend from November 2025 to November 2026. Additionally, based on current projections, CBL anticipates meeting the second required extension test, which requires a principal balance of $615 million, in 2026 through.
Neutral
Business Wire
6 days ago
CBL Properties Announces New Dining and Retail Options at Friendly Center - Greensboro, North Carolina's Premier Lifestyle Destination
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) is adding exciting new restaurants and retailers to Friendly Center in Greensboro, North Carolina. Work is underway on four new restaurants, including Cooper's Hawk, First Watch, North Italia, and French artisan bakery Tous les Jours, as well as two new retailers, LEGO and Rowan. “Friendly Center is one of CBL's top performing properties and is the destination of choice for brands looking to expand into the Greensboro market,” said.
Negative
Seeking Alpha
1 month ago
Sell Alert: 2 REITs In Deep Trouble To Avoid
We are facing a challenging environment. Some REITs may not survive it. I discuss two REITs that could be facing significant trouble.
Positive
Seeking Alpha
1 month ago
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.
Neutral
Business Wire
2 months ago
CBL Properties Announces Officer Promotions
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced several promotions including one promotion to Senior Vice President and five new Vice Presidents. “We are proud to recognize the significant contributions of these individuals with these well-deserved promotions,” commented Stephen D. Lebovitz, chief executive officer of CBL Properties. “Their dedication, leadership, and ongoing commitment to CBL have been instrumental to our success, and we look forward to seeing t.
Neutral
Business Wire
2 months ago
CORRECTING and REPLACING CBL Properties Announces Sale of Imperial Valley Mall for $38.1 Million
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--First paragraph, third sentence of release should read: Net proceeds from the sale were applied to the term loan principal balance, which after closing, was reduced to $680.3 million (instead of $630.8 million). The updated release reads: CBL PROPERTIES ANNOUNCES SALE OF IMPERIAL VALLEY MALL FOR $38.1 MILLION CBL Properties (NYSE:CBL) today announced that it had closed on the sale of Imperial Valley Mall in El Centro, CA, for $38.1 million, all cash. The pro.
Neutral
Business Wire
2 months ago
CBL Properties Announces Sale of Imperial Valley Mall for $38.1 Million
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it had closed on the sale of Imperial Valley Mall in El Centro, CA, for $38.1 million, all cash. The property served as collateral under CBL's non-recourse term loan. Net proceeds from the sale were applied to the term loan principal balance, which after closing, was reduced to $630.8 million. “We are pleased to complete the sale of Imperial Valley Mall, another demonstration of the demand for stable enclosed ma.
Neutral
Business Wire
2 months ago
CBL Properties Reports Strong Results for Fourth Quarter and Full-Year 2024
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) announced results for the fourth quarter and year ended December 31, 2024. Results of operations as reported in the consolidated financial statements for these periods are prepared in accordance with GAAP. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this news release. Three Months Ended December 31, Year Ended.
Neutral
Business Wire
2 months ago
CBL Properties Declares First Quarter Regular Dividend and Special Cash Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a regular cash dividend of $0.40 per common share for the quarter ending March 31, 2025. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on March 31, 2025, to shareholders of record as of March 13, 2025. CBL's Board of Directors has also declared a special cash dividend of $0.80 per common share. The special dividend is required.
Positive
Seeking Alpha
2 months ago
CBL & Associates Properties: AFFO May Reach $7.20/Share In 2025
CBL & Associates Properties is a retail REIT focused on Malls and Open air/Power centers. I expect Q4 2024 AFFO of $1.90/share, driven by lower occupancy and benefits from Fed rate cuts. AFFO in 2025 should benefit from the full-year effect of Fed rate cuts, deleveraging efforts, and potential additional buybacks.
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