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CBL & Associates Properties, Inc. - CBL STOCK NEWS

Welcome to our dedicated page for CBL & Associates Properties news (Ticker: CBL), a resource for investors and traders seeking the latest updates and insights on CBL & Associates Properties stock.

CBL & Associates Properties, Inc. (symbol: CBL) is one of the largest and most active owners and developers of malls and shopping centers in the United States. Headquartered in Chattanooga, TN, with regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO, CBL operates a vast portfolio spanning 30 states.

CBL owns, holds interests in, or manages 148 properties, including 89 regional malls and open-air centers. These properties total approximately 84.2 million square feet, with 6.5 million square feet managed for third parties. The company's core business involves the ownership, development, acquisition, leasing, management, and operation of various shopping centers, including regional malls, outlet centers, lifestyle centers, and open-air centers.

CBL's primary revenue streams come from leasing arrangements with retail tenants, management and development fees, and sales of real estate assets. The company continually enhances its portfolio through redevelopment, renovation, and expansion projects, ensuring their properties remain attractive and profitable.

With its extensive network and strategic locations, CBL plays a significant role in the retail real estate market. The company is committed to driving growth and value for its shareholders through innovative development projects and effective management practices.

Additional information about CBL & Associates Properties, Inc. can be found at cblproperties.com.

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CBL Properties has achieved Great Place to Work® Certification™ for 2023, with 95% of employees saying it is a great place to work. This certification is based on a survey of CBL's current employees and highlights the company's positive workplace culture and employee experience.
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CBL Properties publishes its first ESG Progress Update, highlighting accomplishments in 2022 and goals for 2023.
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CBL Properties closed a new $79.3 million loan secured by The Outlet Shoppes of Atlanta, replacing two loans set to mature in 2023. The new loan has a fixed interest rate of 7.85% and generated $10 million of excess proceeds for the joint venture.
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CBL Properties announces multiple new store openings and lease signings in the first half of 2023, showcasing sustained tenant demand and active redevelopment pipeline.
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CBL Properties announces exciting additions to the Hamilton Place complex in Chattanooga, including Crunch Fitness, Texas Roadhouse, Taco Mamacita, and Community Pie. The addition of these new tenants supports CBL's strategy of redefining malls through a combination of retail, restaurants, and non-retail uses.
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CBL Properties appoints Michael A. Torres to its board of directors and audit committee. Torres brings over 35 years of real estate and securities investing experience. His addition enhances diversity at the board level.
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CBL Properties announces the appointment of Benjamin Staples as Senior Vice President - People & Culture. Staples brings over 20 years of HR experience and will enhance CBL's culture and commitment to diversity.
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FAQ

What is the current stock price of CBL & Associates Properties (CBL)?

The current stock price of CBL & Associates Properties (CBL) is $27.26 as of November 15, 2024.

What is the market cap of CBL & Associates Properties (CBL)?

The market cap of CBL & Associates Properties (CBL) is approximately 838.8M.

What is CBL & Associates Properties, Inc.?

CBL & Associates Properties, Inc. (CBL) is a U.S.-based real estate investment trust that owns, develops, acquires, leases, manages, and operates regional shopping malls, outlet centers, lifestyle centers, open-air centers, and other properties.

Where is CBL headquartered?

CBL is headquartered in Chattanooga, TN, with regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO.

How many properties does CBL manage?

CBL manages 148 properties, including 89 regional malls and open-air centers, totaling approximately 84.2 million square feet.

What are the primary revenue sources for CBL?

CBL's primary revenue sources are leasing arrangements with retail tenants, management and development fees, and sales of real estate assets.

How does CBL expand its portfolio?

CBL expands its portfolio through redevelopment, renovation, and expansion projects.

What types of properties does CBL own and manage?

CBL owns and manages regional shopping malls, outlet centers, lifestyle centers, open-air centers, and other properties.

How can I learn more about CBL?

Additional information about CBL & Associates Properties, Inc. can be found at their official website, cblproperties.com.

In which states does CBL have properties?

CBL has properties in 30 states across the United States.

What is CBL's role in the retail real estate market?

CBL is a significant player in the retail real estate market, known for its extensive network and strategic locations.

What is CBL's strategy for growth?

CBL focuses on driving growth and value through innovative development projects and effective management practices.

CBL & Associates Properties, Inc.

NYSE:CBL

CBL Rankings

CBL Stock Data

838.84M
31.47M
11.25%
79.44%
5.26%
REIT - Retail
Real Estate Investment Trusts
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United States of America
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