CBL Associates Properties Stock News

We are facing a challenging environment. Some REITs may not survive it. I discuss two REITs that could be facing significant trouble.

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. Resu...

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...

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...

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...

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 m...

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 ...

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.