CBL Properties Reinvesting Over $200 Million of Free Cash Flow into Properties

Stephen Lebovitz, CEO of CBL Properties (NYSE: CBL), joined Nareit in New York for a video interview at REITweek: 2019 Investor Conference.

Lebovitz commented on changing consumer behaviors and preferences and how they are impacting the retail REIT space.

CBL recently announced it would be redeveloping malls in South Carolina and Missouri to add bowling and amusement aspects to both. Lebovitz discussed the importance of adding entertainment options to drive traffic to its various properties.

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