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) will release its third-quarter 2026 financial results after the market closes on November 5, 2026. The quarter ended September 30, 2026. The earnings press release and supplemental information will be available in the Invest – Financial Reports section at cblproperties.com.
CBL Properties (NYSE:CBL) declared a regular cash dividend of $0.625 per common share, payable on December 31, 2026.
The dividend covers the quarter ending December 31, 2026. Shareholders of record as of December 14, 2026, are eligible for the payment.
CBL Properties (NYSE: CBL) entered into a $135.0 million refinancing of the mortgage secured by West County Center in St. Louis. The non-recourse loan replaces $136.4 million due in December 2026 and has a five-year term at a fixed 7.4% interest rate. After repayment and release of escrow balances, CBL received approximately $2.0 million in net proceeds.
The refinancing removes the prior loan's cash management sweep, a mechanism that restricted cash flow, and addresses CBL's last near-term debt maturity. CBL expects it to unlock more than an estimated $7.0 million in annual free cash flow. Separately, a $22.5 million Community Improvement District bond refinancing closed in late September, providing $4.6 million to CBL to repay prior bonds it held and $2.6 million designated for future West County Center capital projects.
CBL Properties (CBL) closed two additional land sales, bringing year-to-date gross proceeds from sales to mixed-use developers above $30 million.
Cohere Development bought 3.9 acres at Harford Mall in Bel Air, Maryland, for a 249-unit residential complex. Hines bought approximately 7 acres at Friendly Center in Greensboro, North Carolina, for a 270-unit multifamily development. CBL describes the sales as part of its strategy to unlock land value and complement its portfolio.
CBL Properties (NYSE: CBL) announced the closing of the sale of York Town Center, an open-air retail center in York, Pennsylvania, for $50.65 million. The property was owned through a 50% joint venture.
The sale was completed at an approximate 8.5% capitalization rate. According to CBL Properties, the transaction exits another joint venture, advances its capital recycling strategy, monetizes a mature asset, and provides proceeds that can be redeployed into higher-yielding opportunities while supporting its focus on maximizing shareholder value.
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.