CBL & Associates Properties, Inc.
CBLEQ
Other OTC1.60
USD
-0.04
- -
CIK
0000910612
ISIN
US1248308033
CUSIP
124830803
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Stephen D. Lebovitz
- Full Time Employees
- 418
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- CBL Center Chattanooga TN United States of America 37421
- IPO Date
- Nov 1, 2020
- CIK
- 0000910612
- Website
- cblproperties.com
- Similar Companies
- Business
- CBL & Associates Properties, Inc. (CBLEQ) is a self-managed real estate investment trust (REIT) that owns, develops, acquires, leases, manages and operates a portfolio of regional shopping malls, outlet centers, lifestyle centers, open-air centers, associated anchors and other retail properties primarily in the Southeastern and Midwestern United States, with operations spanning 22 states including Tennessee, Missouri, Florida, Texas, North Carolina, South Carolina, Illinois, Pennsylvania, Kentucky, Georgia and others. The company's core offerings include enclosed regional malls such as Hamilton Place in Chattanooga, TN; CoolSprings Galleria in Franklin, TN; Fayette Mall in Lexington, KY; Oak Park Mall in Overland Park, KS; and West County Center in St. Louis, MO; outlet centers including The Outlet Shoppes at Atlanta in Woodstock, GA and The Outlet Shoppes of the Bluegrass in Simpsonville, KY; open-air and lifestyle centers such as Friendly Center in Greensboro, NC, Mayfaire in Wilmington, NC and Coastal Grand Crossing in Myrtle Beach, SC; as well as ancillary services encompassing property management, aggressive leasing to diverse retail tenants, redevelopment of underperforming spaces into mixed-use formats with dining, entertainment and non-traditional tenants, marketing, and revenue from management/development fees and asset sales. Founded in 1978 as CBL & Associates, Inc. by Charles B. Lebovitz and headquartered in Chattanooga, Tennessee, the company converted to a REIT in 1993, went public via NYSE listing (formerly CBL) and rebranded to CBL Properties in 2017 before facing Chapter 11 bankruptcy in 2020 and emerging in 2021 with a reorganized balance sheet that reduced leverage by over $1.6 billion. In recent developments, CBL acquired four enclosed regional malls—Ashland Town Center in Ashland, KY; Mesa Mall in Grand Junction, CO; Paddock Mall in Ocala, FL; and Southgate Mall in Missoula, MT—from Washington Prime Group for $178.9 million in July 2025, funded partly by sales of non-core assets like The Promenade in Mississippi, enhancing occupancy, sales metrics and cash flow accretion while concurrently modifying and extending a $443 million nonrecourse loan with Beal Bank USA. These strategic moves align with ongoing portfolio optimization, including strong Q2 2025 earnings driven by leasing gains and reinvestments in high-quality, market-dominant properties amid a focus on redefining malls through mixed-use evolutions.