Every 10-Q that COPPER PPTY CTL PASS CTFS (CPPTL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CPPTL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CPPTL filings page.
Copper Property CTL Pass Through Trust generated lease income of $48.9 million for the six months ended June 30 2026, slightly below $49.2 million a year earlier, from 117 JCPenney-occupied retail properties totaling 15.5 million square feet. Net income to Certificateholders fell to $26.2 million ($0.35 per certificate) from $38.3 million ($0.51), mainly because of higher legal and related general and administrative costs and the absence of 2025 disposition gains.
NOI declined to $37.6 million from $43.9 million and FFO decreased to $34.8 million from $40.9 million. The Trust has no debt, held $35.0 million of cash, and received $36.6 million of operating cash flow. It paid $38.8 million of distributions ($0.52 per certificate) in the first half of 2026, plus $0.08 and $0.09 per certificate in July and August. Future minimum lease payments under the master lease total $1.35 billion, with a weighted average remaining term of 14.5 years. Certificateholders approved extending the Trust’s termination date to August 28 2026. Results remain highly concentrated in a single tenant, Penney Intermediate Holdings LLC.
Copper Property CTL Pass Through Trust reported Q3 net income of $1,290, driven by steady lease income and offset by a non-cash impairment. The Trust has a binding agreement to sell all remaining retail properties for $935 million after a ROFR adjustment, with the scheduled closing date extended to December 8, 2025.
For Q3, lease income was $24,207 while total expenses rose on a $10,671 impairment and higher general and administrative costs. Year-to-date net income was $39,557. The portfolio stood at 117 retail properties across 35 states and Puerto Rico, all meeting held-for-sale criteria. Cash and cash equivalents were $48,906, and the Trust had no debt.
The Trust paid distributions of $98,504 for the nine months ended September 30, 2025, and subsequent distributions of $17,581 on October 10 and a declared $5,500 for November 10. Management expects proceeds from the portfolio sale, reserves and cash on hand to fund remaining obligations and distributions through dissolution.