---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-139623"
form_type: "8-K"
ticker: "CBL"
cik: "0000910612"
company_name: "CBL & ASSOCIATES PROPERTIES INC"
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:58:25.136396+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CBL acquires partner's 50% interest in three malls for $22.5M cash, assumes $266.7M debt

## Summary
- Acquired 50% interests in CoolSprings Galleria (Nashville), Oak Park Mall (Kansas City), West County Center (St. Louis).
- Total cash consideration $22.5M; assumed $266.7M in non-recourse loans secured by the properties.
- Properties now wholly owned; CEO says transaction is immediately accretive and allows full control of high-performing assets.
- Extended non-recourse loans: West County Center to Dec 2026 at existing rate; Oak Park Mall to Oct 2030 at 5% fixed.
- CoolSprings Galleria has favorable 4.84% rate loan maturing May 2028.

## SEC filing metadata
- accession: 0000950170-24-139623
- form_type: 8-K
- ticker: CBL
- cik: 0000910612
- company_name: CBL & ASSOCIATES PROPERTIES INC
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910612/000095017024139623/0000950170-24-139623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910612/000095017024139623/cbl-20241223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-139623
- JSON: https://secwatch.observer/filing/0000950170-24-139623.json
- Plain text: https://secwatch.observer/filing/0000950170-24-139623.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.