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CBL & Associates Properties reports news on its real estate investment trust operations, including earnings, portfolio occupancy, leasing activity, retail tenant trends and property-level capital spending. The company owns and manages a national portfolio of enclosed malls, outlet centers, lifestyle retail centers, open-air centers and related retail assets, with revenue driven primarily by leasing arrangements with retail tenants.
Recurring CBL updates also cover non-recourse property financing, debt refinancing, acquisitions and dispositions, dividend declarations, common stock repurchase activity and balance sheet strategy. Company news often ties operating results to funds from operations, same-center net operating income, rental revenue components and activity across mall, lifestyle and open-air center assets.
CBL Properties (NYSE: CBL) reported Q2 2026 net income attributable to common shareholders of $1.47 per share versus $0.08 a year ago. FFO was $1.93 per share and FFO, as adjusted, was $1.89, up from $1.48 and $1.86, respectively.
Same-center NOI rose 1.5% in Q2 and 2.2% year-to-date. Portfolio occupancy reached 90.4%, 160 bps higher year-over-year, supported by nearly 1.3 million square feet of leasing and an 8.8% average rent increase on comparable new and renewal leases. Same-center sales per square foot over the trailing 12 months increased 3.9% to $455.
CBL ended June 30, 2026, with $322.7 million of unrestricted cash and marketable securities and executed $925.1 million of year-to-date financing, including refinancing a $634 million term loan and reducing pro rata debt by $65.4 million. The Board declared a Q3 2026 dividend of $0.625 per share, and full-year 2026 FFO and same-center NOI guidance were raised.
CBL Properties (NYSE: CBL) announced that its Board of Directors has declared a regular cash dividend of $0.625 per common share for the quarter ending September 30, 2026. The dividend will be paid on September 30, 2026 to shareholders of record as of September 15, 2026.
CBL Properties (NYSE: CBL) will release its financial and operational results for the second quarter ended June 30, 2026, after the market close on Thursday, August 6, 2026. Earnings materials, including the press release and supplemental information, will be available in the Invest – Financial Reports section of cblproperties.com.
CBL Properties (NYSE:CBL) announced that a 100,000+ square foot DICK’S House of Sport will replace JCPenney at CoolSprings Galleria in Franklin, Tennessee, serving the greater Nashville market.
JCPenney is expected to close this fall, with DICK’S targeted to open in early 2028 as part of a broader mixed-use transformation that also includes a new L.L.Bean and land sold to Greystar for upscale multi-family development.
CBL Properties (NYSE:CBL) closed the sale of a 5.35-acre parcel at the northeast corner of CoolSprings Galleria in Franklin, Tennessee, to Greystar, a major rental housing developer.
The site will be redeveloped into a 361-unit upscale residential community with 15,000 square feet of ground-floor retail and service space. Construction is expected to start later this month and last about two years.
CBL Properties (NYSE:CBL) closed the sale of a 10.468-acre parcel at Harford Mall in Bel Air, Maryland, to SJC Ventures as part of a planned mixed-use redevelopment.
The deal aligns with CBL’s strategy to unlock value from underused land. Including this transaction, CBL reports more than $30 million of land sales to mixed-use and multi-family developers in process across its portfolio. The parcel includes a former Macy’s site, slated for demolition ahead of future redevelopment phases.
CBL Properties (NYSE:CBL) reported significant new leasing at West County Center in St. Louis. Construction has begun on The Cheesecake Factory, expected to open this fall, and a new restaurant concept is planned. Recent additions include POP MART’s first Missouri store and several national retailers.
According to CBL, West County Center records 7.1 million annual visitors, 98% occupancy, and sales just under $900 per square foot, highlighting its strong performance.
CBL Properties (NYSE: CBL) closed a new $71.9 million non-recourse loan secured by Hamilton Place in Chattanooga, Tennessee. The five-year loan carries a fixed 6.8% interest rate and replaces an $85.5 million loan that was due to mature in June.
According to CBL Properties, this refinancing supports efforts to extend its debt maturity profile, enhance free cash flow through improved debt structures, and follows more than $1.5 billion of financing activity completed over the past year.
CBL Properties (NYSE:CBL) closed the sale of Hammock Landing, a 397,000-square-foot open-air center in West Melbourne, FL, for $78.5 million, including assumption of a $43.8 million loan.
Combined with earlier related bond sales, the transaction generates about $26 million in cash proceeds for CBL and supports its capital recycling strategy.
CBL (NYSE: CBL) reported strong Q1 2026 results, with FFO, as adjusted, per share up 15% to $1.73 and same-center NOI up 2.1% year-over-year. Management raised full-year 2026 FFO, as adjusted, guidance to $7.06–$7.19 per share, completed strategic refinancing that boosts estimated annual free cash flow by ~$30 million, acquired Gateway Mall for $43.5 million, and approved a 39% dividend increase to $0.625 per share for Q2 2026.