{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-099975","form_type":"8-K","ticker":"CBL","cik":"0000910612","company_name":"CBL & ASSOCIATES PROPERTIES INC","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.667286+00:00","generated_at":"2026-05-17T23:26:25.288143+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"CBL Properties acquires four enclosed malls for $178.9M; modifies loan to $443M","bullets":["Acquired Ashland Town Center (KY), Mesa Mall (CO), Paddock Mall (FL), Southgate Mall (MT) for $178.9M.","Concurrently modified existing $333M loan with Beal Bank USA to $443M, 7-year term, initial 5-year fixed rate 7.70% on $368M.","Acquisition immediately accretive: ~14% to annual free cash flow per share, ~5% to FFO per share.","Funded by proceeds from non-core asset sales including $83.1M sale of The Promenade in MS at 8.5% cap rate.","Mid-teens going-in cap rate on acquisition yields ~23% cash-on-cash return."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-099975","json":"https://secwatch.observer/filing/0000950170-25-099975.json","markdown":"https://secwatch.observer/filing/0000950170-25-099975.md","text":"https://secwatch.observer/filing/0000950170-25-099975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/910612/000095017025099975/0000950170-25-099975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/910612/000095017025099975/cbl-20250729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:26:25.288143+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4ce1700a76cb9a77e41319f4e7d3d3308be302d3","claim":"CBL & ASSOCIATES PROPERTIES INC completed an acquisition involving Washington Prime Group for $178.9 million (closed 2025-07-29).","evidence_excerpt":"CBL & Associates Properties, Inc. (the \"Company\") acquired four enclosed regional malls for $178.9 million from Washington Prime Group on July 29, 2025.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/910612/000095017025099975/0000950170-25-099975-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Washington Prime Group"},{"label":"Consideration","value":"$178.9 million"},{"label":"Closing","value":"2025-07-29"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}