CBL Associates Properties Stock News

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors authorized a stock repurchase program for the Company to buy up to $25 million of its common stock. “The $25 million repurchase program allows us to allocate our capital to capture an attractive investment opportunity when our stock is trading at a significant discount,” said Stephen Lebov...

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 June 30, 2025. The dividend is payable on June 30, 2025, to shareholders of record as of June 13, 2025. In addition to the regular common dividend, which equates to an annual dividend payment of $1.60 per...

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 th...

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 prope...

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...