CBL News and Press, CBL & Associates Properties Inc. From 06/15/23

CBL Properties (NYSE:CBL) today announced exciting additions to the Hamilton Place complex in Chattanooga, Tennessee. Crunch Fitness will occupy approximately 35,000 square feet on the upper level of the former Sears next to Dave & Busters. In addition, Texas Roadhouse and two popular local r...

CBL Properties (NYSE: CBL) today announced that Michael A. Torres has been appointed to the Company’s board of directors. Mr. Torres was also appointed to serve as a member of the Company’s Audit Committee. “With a more than 35-year career in real estate and securities in...

CBL Properties (NYSE:CBL) today announced that Benjamin Staples has joined CBL as the company’s senior vice president – people & culture. Staples brings more than 20 years of experience supporting, leading, and directing human resources (HR) operations and initiatives, most rece...

2023-05-29 01:54:10 ET Summary CBL Properties experienced increased portfolio occupancy by 150 basis points to 89.8% in Q1 2023 as compared to 88.3% YoY. The decrease in same-center NOI and FFO per share, along with declining tenant sales per square foot, suggest that challenges p...

2023-05-19 13:30:53 ET Next week will see a number of key earnings reports from the retail, semiconductor and tech sectors. Retailers will take a large chunk of the spotlight, with Lowe’s ( NYSE: LOW ) especially under the microscope after an inauspicious report from Home Dep...

2023-05-11 09:47:51 ET CBL Properties ( NYSE: CBL ) makes key promotions , Katie Reinsmidt was promoted to executive VP – COO, Jennifer Cope to executive VP – Operations Services & Risk Management and Joseph Khalili to executive VP – Financial Planning...

Jennifer Cope and Joseph Khalili Promoted to EVP CBL Properties (NYSE:CBL) today announced the promotion of three executive leaders: Katie Reinsmidt was promoted to Executive Vice President – Chief Operating Officer, Jennifer Cope to Executive Vice President – Operations S...

2023-05-10 17:03:13 ET CBL Properties press release ( NYSE: CBL ): Q1 FFO of $1.56 misses by $0.30 . Revenue of $136.36M (-2.7% Y/Y). FFO, as adjusted, per share for the first quarter 2023, was $1.56 compared with $2.05 for the first quarter 2022. As of March 3...

First Quarter Results In-Line with Expectations; Full-Year Guidance Maintained CBL Properties (NYSE: CBL) announced results for the first quarter ended March 31, 2023. Results of operations as reported in the consolidated financial statements for these periods are prepared in accordance...

2023-05-10 02:13:25 ET CBL Properties ( NYSE: CBL ) declares $0.375/share quarterly dividend , in line with previous. Forward yield 6.56% Payable June 30; for shareholders of record June 14; ex-div June 13. See CBL Dividend Scorecard, Yield Chart, & Divid...