CBL Properties Provides Additional Update on COVID-19 Response
CBL & Associates Properties, Inc. (CBL)
Last cbl & associates properties, inc. earnings: 2/6 04:15 pm
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cblproperties.com
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Source: Business Wire
Outlines Capital Expenditure and Expense Management Programs CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today provided a further update on its portfolio and the Company’s actions to offset anticipated impacts of the COVID-19 pandemic on the Company’s revenue and cash flows.In response to local and state mandated closures, the majority of the CBL portfolio is currently closed. While the full impact of these temporary closures cannot be quantified, based on discussions with tenants, CBL anticipates a significant deterioration in near-term revenue. In response, over the last several weeks, CBL has implemented comprehensive programs to halt all non-essential expenditures, to reduce operating and overhead expenses and to reduce, defer or suspend capital expenditures, including redevelopment investments.“First, I would like to reiterate how proud I am of the CBL organization,” said Stephen Lebovitz, Chief Executive Officer. “The pandemic has brought about extraordinar
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CBL
Sec Filings
- 12/4/25 - Form 4
- 11/19/25 - Form 4
- 11/7/25 - Form 10-Q
- CBL's page on the SEC website