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CBL Properties Announces Promotions

Company Release: Wednesday, May 19, 2021
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CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (OTCMKTS:CBLAQ) today announced the promotions of Jennifer Cope to Senior Vice President – Operations Services and Joseph Khalili to Senior Vice President – Financial Operations.

“Throughout their careers at CBL, Jennifer and Joseph have met challenges head-on, taking on additional responsibilities, and leading important projects that have modernized CBL’s financial operations,” said Stephen Lebovitz, chief executive officer, CBL Properties. “We are thrilled to recognize their leadership and achievements with these well-deserved promotions.”

Cope joined CBL in July 2001 as a Junior Analyst in Financial Services and has served various roles supporting CBL’s insurance and risk management programs, technology, JV relations, and loan closings. She transitioned to CBL’s business transformation team in March 2014 and was promoted to Vice President in February 2015, leading CBL’s Shared Services and Operations Services divisions.

Khalili joined CBL in 2012 as a Portfolio Accountant focused on Third Party Managed properties and in 2014 was promoted to Acquisitions Analyst where he participated in multiple transactions. In 2016, he assumed the role of Director – Financial Planning and Analysis. He was promoted to Senior Director in 2017, and Vice President in 2019, leading CBL’s financial planning and budgeting teams. Prior to joining CBL, he spent seven years with General Growth Properties

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No Solicitation or Offer

Any new securities to be issued pursuant to the restructuring transactions may not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws but may be issued pursuant to an exemption from such registration provided in the U.S. bankruptcy code. Such new securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws. This press release does not constitute an offer to sell or buy, nor the solicitation of an offer to sell or buy, any securities referred to herein, nor is this press release a solicitation of consents to or votes to accept any chapter 11 plan. Any solicitation or offer will only be made pursuant to a confidential offering memorandum and disclosure statement and only to such persons and in such jurisdictions as is permitted under applicable law.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 105 properties totaling 64.6 million square feet across 24 states, including 64 high-quality enclosed, outlet and open-air retail centers and seven properties managed for third parties. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information, visit

Investor Contact:
Katie Reinsmidt, Executive Vice President & Chief Investment Officer

Media Contact:
Stacey Keating, Senior Director – Public Relations & Corporate Communications

Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

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Source: CBL Properties