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CBLNYSEReal Estate Investment TrustsFiscal year ends December 31

CBL & ASSOCIATES PROPERTIES INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$48.13−1.34 (-2.71%)

Close on Oct 19, 2026

Market cap
$1.49B
P/E (TTM)
7.0
Dividend yield
–

About Cbl & Associates Properties

Real Estate Investment Trusts, SIC 6798

CBL & Associates Properties, Inc. is a real estate company that owns, develops, leases, and manages commercial real estate properties. The company operates primarily through four property segments: enclosed malls, open-air centers, lifestyle centers, and outlet centers. Its business activities include property leasing, management, and redevelopment, along with the ownership of outparcels and office spaces. CBL caters to commercial and retail tenants, ranging from major department store chains to specialty retailers and service providers.

The company is headquartered in Chattanooga, Tennessee, and is organized under the laws of Delaware. Its portfolio spans numerous regional commercial properties, shopping centers, and land parcels across the United States. Mentioned holdings include properties in locations such as Laredo, Beaumont, Gettysburg, Louisville, and Atlanta. Its operations encompass dozens of regional shopping malls, outlet complexes, and related outparcel assets held directly and through joint ventures.

Summary of the business section of Cbl & Associates Properties's latest annual report, written by StockData.

Company profile

Company

Legal name
CBL & ASSOCIATES PROPERTIES INC
Founded
1979
Headquarters
Chattanooga, TN
Address
2030 Hamilton Place Bvld, Suite 500, Cbl Center 37421
Phone
(423) 855-0001
Employees
500, Dec 31, 2025
Industry
Real Estate Investment Trusts
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Atlanta, Georgia

Stock & identifiers

Ticker
CBL
Exchange
NYSE
IPO date
Nov 2, 2021
Shares outstanding
31M, Aug 3, 2026
Public float
$467.69M, Jun 30, 2025
Filer category
Accelerated filer
SEC CIK
910612
CUSIP
124830878
ISIN
US1248308785
LEI
529900EIVFBRS4PUBZ13
EIN
62-1545718

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Stephen D. LebovitzCEO, Director507,288
Jennifer CopeEVP Ops Services & Risk Mgmt24,009
Joseph KhaliliEVP Financial Planning & Anlys23,948
Jeffery V. CurryChief Legal Officer & Sec.143,018
Benjamin W. JaenickeEVP - Chief Financial Officer128,639
Kathryn A. ReinsmidtEVP - Chief Operating Officer138,539
Howard B. GrodyExec VP-Leasing76,331
Andrew Franklin CobbExec VP-Accounting59,673
Michael I. LebovitzPresident110,848
Alan L. LebovitzExecutive VP - Management86,414
David Michael FieldsDirector18,522
David J. ContisDirector117,170
Michael A. TorresDirector16,578
Marjorie L. BowenDirector33,440
Robert G. GiffordDirector20,754
Jeffrey KivitzDirector17,606

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Stephen D. Lebovitz
$4.60M$9.86M$1.94M$170$96
FY2024
Stephen D. Lebovitz
$4.39M$9.21M$1.86M$124$9387
FY2023
Stephen D. Lebovitz
$4.78M$5.89M$2.00M$96$89
FY2022
Stephen D. Lebovitz
$11.21M$7.92M$2.69M$85$80
FY2021
Stephen D. Lebovitz
$10.36M$11.36M$2.17M$104$107
FY2020
Stephen D. Lebovitz
$3.46M$704.68K$1.19M––

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“CBL does not have any employees other than its statutory officers. As of December 31, 2025, our Management Company had 408 full-time and 92 part-time employees that represented the following voluntarily provided demographics:”

Corporate history

Events identified from SEC filings

DateEventDetails
Jul 30, 2025Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 9, 2022ListingRegistration of securities on an exchange (Form 8-A)
Nov 2, 2021DelistingNotice of delisting from exchange (Form 25)
Aug 12, 2021BankruptcyBankruptcy or receivership (8-K Item 1.03)
Apr 1, 2021Late filingNotification of late filing
Nov 10, 2020Late filingNotification of late filing
Nov 4, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 2, 2020BankruptcyBankruptcy or receivership (8-K Item 1.03)
Aug 11, 2020Late filingNotification of late filing
Feb 10, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 22, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 30, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 6, 2012DelistingNotice of delisting from exchange (Form 25)
Oct 1, 2012ListingRegistration of securities on an exchange (Form 8-A)
Oct 22, 2007Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 16, 2007DelistingNotice of delisting from exchange (Form 25)
Sep 19, 2005Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 10, 2004ListingRegistration of securities on an exchange (Form 8-A)
Sep 2, 2004Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 4, 2003DelistingNotice of delisting from exchange (Form 25)
Aug 21, 2003ListingRegistration of securities on an exchange (Form 8-A)
Jun 11, 2002ListingRegistration of securities on an exchange (Form 8-A)
May 4, 1999ListingRegistration of securities on an exchange (Form 8-A)
Jun 24, 1998ListingRegistration of securities on an exchange (Form 8-A)