– USA, TN – CBL Properties (OTC: CBLAQ) today announced the appointment of Jonathan Heller to its board of directors.
“We are pleased to welcome Jonathan to CBL’s board of directors,” said CEO, Steve Lebovitz. “As we move towards emerging from bankruptcy on November 1st, we believe Jonathan’s involvement in, and knowledge gained through, the restructuring negotiations will help provide a smooth transition to our new post-emergence board. In addition, Jonathan’s extensive investment experience will be of tremendous value to the company and our shareholders going forward. I am excited to work closely with Jonathan as CBL moves forward into this exciting new chapter.”
About Jonathan Heller
Jonathan Heller is a Partner who oversees the New York office at Canyon Partners and is a member of the firm’s Investment Committee. He is responsible for the firm’s investments in companies in a wide range of industries, including REITs, Retail, Financial Institutions, Technology, and Consumer. He has significant experience in various asset classes including stressed and distressed corporate debt, real estate securities, equities, municipal fixed income, and structured products.
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 63.9 million square feet across 24 states, including 63 high-quality enclosed, outlet, and open-air retail centers and six 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: https://www.cblproperties.com/
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