Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
CBL Properties
Type
Public company
Traded as NYSE: CBL
S&P 600 component
Industry Real estate investment trust
Founded 1961; 56 years ago (1961)
Founder Moses Lebovitz
Charles Lebovitz
Jay Solomon
Headquarters Chattanooga, Tennessee
Key people
Charles B. Lebovitz, Chairman
Stephen D. Lebovitz, President & CEO
Farzana Khaleel, CFO
Revenue Decrease $1.028 billion (2016)
Net income
Increase $0.195 billion (2016)
Total assets Decrease $5.992 billion (2016)
Total equity Decrease $3.003 billion (2016)
Number of employees
697 (2016)
Website www.cblproperties.com

CBL & Associates Properties, Inc. is a real estate investment trust named after Charles B. Lebovitz that invests in shopping centers, primarily in the Southeastern United States and Midwestern United States. As of December 31, 2016, the company owned 113 properties.

In 1961, Moses Lebovitz, Charles Lebovitz, and Jay Solomon founded Independent Enterprises.

In 1970, the company merged with Arlen Realty & Development Corporation, which owned shopping centers on the East Coast of the United States.

In 1978, Charles Lebovitz and 5 associates formed CBL & Associates, Inc.

In March 1979, the company built its first mall, the Plaza del Sol Mall in Del Rio, Texas.

In 1987, the company built Hamilton Place in Chattanooga, its flagship mall.

In 1993, CBL & Associates Properties, Inc. was formed as a REIT and acquired all of the assets of CBL & Associates, Inc. The company became a public company via an initial public offering.

In 1995, the company acquired 2 shopping malls, WestGate Mall in Spartanburg, South Carolina and Suburban Plaza in Knoxville, Tennessee, for $32.3 million.

In 1998, the company acquired 5 properties near Nashville, Tennessee for $247.4 million in cash and securities. It also acquired Meridian Mall and Janesville Mall for $68 million in cash and $52 million in partnership units.

In 2001, the company acquired a 23-property portfolio from Richard E. Jacobs for $1.3 billion.

In March 2005, the company opened Imperial Valley Mall in El Centro, California, its first mall on the West Coast of the United States.

In July 2005, the company acquired The Mall of Acadiana in Lafayette, Louisiana.

In 2007, the company acquired 4 malls in the St. Louis area for $1.03 billion. In 2016, the Chesterfield Mall, which was one of the 4 acquired malls, went into receivership after the company defaulted on its mortgage loan.

In 2011, the company acquired Northgate Mall in Chattanooga, Tennessee, which was built by its predecessor, Arlen Shopping Center Group, under the direction of Charles B. Lebovitz in 1972 and was later sold. In 2012, the company announced multi-million dollar renovation of the property.

In 2015, the company sold Waynesville Commons for $14.5 million. The company also acquired Mayfaire Town Center and Community Center for $192 million.

In 2016, the company sold Renaissance Center for $129 million and The Crossings at Marshall Creek for $22.3 million. It also sold 3 malls for $75.1 million.

In 2017, the company acquired 5 properties from Sears for $72.5 million in a leaseback transaction. The company was also added to the S&P 600 index.

Investment goal date:
Dividends reinvested
CBL Properties CBL report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-04-29
--
--
Q4 2017
2018-02-02
--
--
Q4 2017
2018-01-30
--
--
Q3 2017
2017-11-02
--
--
Q3 2017
2017-11-02
0.1300
-0.0100
Q2 2017
2017-08-03
0.0300
0.1800
Q1 2017
2017-05-03
0.1000
0.1300
Q4 2016
2017-02-01
0.3400
0.3400
Q3 2016
2016-10-27
-0.0600
-0.0600
Q2 2016
2016-07-28
0.3000
0.3000
Q1 2016
2016-04-27
0.1700
0.1700
Q4 2015
2016-02-03
-0.2000
-0.2000
Q3 2015
2015-10-28
0.1500
0.1500
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
AJO, LP
6627148
Bank of New York Mellon Corp
2505332
BlackRock Fund Advisors
6215727
BlackRock Inc.
15437415
BlackRock Institutional Trust Company, N.A.
6404181
BROOKFIELD ASSET MANAGEMENT INC.
13146270
GEODE CAPITAL MANAGEMENT, LLC
2541636
KENNEDY CAPITAL MANAGEMENT, INC.
2499645
LSV ASSET MANAGEMENT
2691499
MORGAN STANLEY
6258866
NORTHERN TRUST CORP
3950998
Numeric Investors LLC
5082073
STATE STREET CORP
5921888
Vanguard Group, Inc
34755930
WEDGE CAPITAL MANAGEMENT L L P/NC
3585095
Major Shareholders
Name Relationship
Total Shares
Holding stocks
LEBOVITZ CHARLES B
0.0100% (20461)
CBL /
DOMINSKI MATTHEW
0.0200% (25879)
CBL / FR /
GRIFFITH JOHN D
0.0100% (10423)
CBL / TGT /
DEROSA THOMAS J
0.0100% (15761)
CBL / HCN /
LANDRESS BEN S
0.1600% (267557)
CBL /
LEBOVITZ MICHAEL I
0.2500% (421591)
CBL /
LEBOVITZ STEPHEN D
0.0200% (35614)
CBL /
MITCHELL FARZANA K
0.1300% (222290)
CBL /
STEPHAS AUGUSTUS N
0.0600% (108350)
CBL /
WALKER WINSTON W
0.0400% (65586)
ACC / CBL /
BRYENTON GARY L
0.0200% (28911)
CBL /
FOY JOHN N
0.5700% (964649)
CBL /
CBL & ASSOCIATES INC
0.6100% (1035105)
CBL /
NELSON KATHLEEN M.
0.0100% (23534)
AIV / CBL / DCOM /
Nay Gary J
0.0100% (22500)
CBL /
Curry Jeffery V.
0.0500% (83774)
CBL /
Chapman A. Larry
0.0100% (17000)
CBL / O /
% ()