CBL & Associates Properties INC: insider trades · United States · SEC (Form 4)

About CBL & Associates Properties INC

CBL & Associates Properties, Inc. (ticker: CBL) is a US real estate company listed on the NYSE in the United States and structured as a self-managed, fully integrated REIT. Its business model is centered on owning, developing, acquiring, leasing, managing and operating a portfolio of regional shopping malls, outlet centers, lifestyle centers, open-air centers, office buildings and certain other properties, including single-tenant and multi-tenant parcels. In practice, CBL is a retail-property specialist rather than a diversified office or industrial landlord, and its operating platform is built around active asset management and property-level execution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000910612/000119312526214023/cbl-20260331.htm?utm_source=openai)) The company’s roots go back to 1978, when it was founded in Tennessee. CBL later evolved into a REIT and was listed on the New York Stock Exchange, which is an important part of its market identity. Its headquarters are in Chattanooga, Tennessee, at the CBL Center on Hamilton Place Boulevard. That historical base in the southeastern United States still shapes the company’s culture and portfolio logic, even though its asset base is now spread across multiple US states. ([cblproperties.com](https://www.cblproperties.com/our-team/about-cbl/?utm_source=openai)) CBL’s competitive positioning is based on owning and operating “market-dominant” retail centers in local trade areas. Rather than competing as a broad-based property company, it focuses on shopping centers that can still draw consumer traffic through a mix of anchor tenants, national inline retailers, restaurants, entertainment users and service-oriented tenants. In a US retail environment pressured by e-commerce, changing consumer habits and tenant churn, that strategy relies on redevelopment, re-tenanting and hands-on leasing to preserve cash flow and asset value. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000910612/000119312526214023/cbl-20260331.htm?utm_source=openai)) Its core business lines include leasing retail space, managing day-to-day operations, redeveloping and repositioning assets, and monetizing outparcels and underutilized land around its centers. CBL conducts substantially all of its business through its operating partnership and related subsidiaries, which support property management and development activities. The company’s portfolio has historically been concentrated in the southeastern and midwestern United States, although it now operates across a broader national footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000910612/000119312526214023/cbl-20260331.htm?utm_source=openai)) From an investor perspective, CBL remains a specialized retail REIT with a portfolio mix that is more cyclical than that of diversified peers. That makes occupancy, leasing spreads, tenant health and redevelopment execution especially important. Recent SEC filings confirm the company continued to report full-year 2025 results in February 2026, and its 2026 governance filings show ongoing compensation and incentive program updates for senior executives, underlining a management team focused on operational discipline and capital allocation. ([sec.gov](https://www.sec.gov/Archives/edgar/data/910612/000119312526050190/cbl-20260213.htm?utm_source=openai))