CBLAQ CBL & Associates Properties Dashboard

CBL Properties is a real estate investment trust that invests in shopping centers, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. The company's largest tenants are L Brands , Signet Jewelers , and Foot Locker . The company's name is based on the initials of its founder, Charles B. Lebovitz.

Company profile

Ticker

CBLAQ, CBLDQ, CBLEQ

Exchange

NASDAQ

Website

www.cblproperties.com/

CEO

Stephen Lebovitz

Incorporated

Delaware

Location

Tennessee

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...

SEC CIK

0000910612

Corporate docs

Articles of Incorporation & Bylaws

IRS number

621545718

CBLAQ stock data

S&P 500

1M 1Y 2Y 5Y

Press releases

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CBL Properties Reports Results for Fourth Quarter and Full-year 2020

9 Apr 21

CBL Properties (OTC:CBLAQ) announced results for the fourth quarter and year ended December 31, 2020. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP

CBL Properties Launches "We Are Local" Campaign Highlighting Strong Connection with Its Communities

31 Mar 21

CBL Properties (OTC:CBLAQ) today announced the launch of a new campaign highlighting the local impact of its shopping centers in their communities. Across its portfolio, CBL is home to more than 1,300 locally owned

CBL Properties Announces Agreement With Credit Facility Lenders and Unsecured Noteholders Paving the Way for a Fully Consensual and Comprehensive Restructuring

22 Mar 21

Amended Restructuring Support Agreement Provides for Over $1.6 billion of Deleveraging With Over 88% of Voting Bank Lenders and 64% of Voting Noteholders Approval Already In-Hand CBL Properties (OTC:CBLAQ) today

CBL Properties Announces Promotions

17 Feb 21

CBL Properties Announces Addition of Rooms to Go at Cross Creek Mall in Fayetteville, North Carolina

28 Jan 21

Calendar

8 Apr 21

13 Apr 21

31 Dec 21

Financial summary

Financial statements Chart CBLAQ financial data

Quarter (USD)	Jun 20	Mar 20	Sep 19	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

CBLAQ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
17 Feb 21	Lebovitz Michael I	Common Stock	Payment of exercise	Dispose F	No	No	13,898	690,452.989
17 Feb 21	Kathryn A. Reinsmidt	Common Stock, $.01 Par Value	Payment of exercise	Dispose F	No	No	1,750	41,652.84
17 Feb 21	Farzana K Mitchell	Common Stock	Payment of exercise	Dispose F	No	No	15,009	156,289
17 Feb 21	Michael C. Jr. Harrison	Common Stock	Payment of exercise	Dispose F	No	No	1,631	28,024.877
17 Feb 21	Lebovitz Charles B	Common Stock	Payment of exercise	Dispose F	No	No	17,778	1,013,137.387

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

CBLAQ institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	0	78	EXIT
Opened positions	0	5	EXIT
Closed positions	78	47	+66.0%
Increased positions	0	15	EXIT
Reduced positions	0	30	EXIT

13F shares	Current	Prev Q	Change
Total value	0	13.87M	EXIT
Total shares	0	60.23M	EXIT
Total puts	0	134.2K	EXIT
Total calls	0	260.9K	EXIT
Total put/call ratio	–	0.5	–

Largest owners	Shares	Value	Change
Charles Schwab Investment Management	0	$0	EXIT
Luxor Capital	0	$0

Largest transactions	Shares	Bought/sold	Change
Charles Schwab Investment Management	0	-20.43M	EXIT
Renaissance Technologies	0	-8.53M	EXIT
Vanguard	0	-7M	EXIT
BLK Blackrock	0	-3.12M	EXIT
Arrowstreet Capital, Limited Partnership	0	-2.46M	EXIT
Gsa Capital Partners	0	-2.33M	EXIT
IVZ Invesco	0	-1.82M	EXIT
Geode Capital Management	0	-1.38M	EXIT
BCS Barclays	0	-1.36M	EXIT
CQS (us)	0	-1.2M	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
We are a self-managed, self-administered, fully integrated REIT that is engaged in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties. Our shopping centers are located in 24 states, and are primarily in the southeastern and midwestern United States. We have elected to be taxed as a REIT for federal income tax purposes.
We conduct substantially all of our business through the Operating Partnership. The Operating Partnership consolidates the financial statements of all entities in which it has a controlling financial interest or where it is the primary beneficiary of a VIE. See Item 2 for a description of our Properties owned and under development as of December 31, 2020.

Content analysis

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Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-K 2020 FY