CBL Properties Announces $135.0 Million Refinancing of West County Center
Business Wire•08/10/2026•15:00 ET
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Key Highlights
- ➤CBL Properties (CBL) refinances West County Center mortgage with $135.0 million loan
- ➤New five-year loan carries fixed 7.4% interest rate
- ➤Refinancing unlocks estimated $7.0 million-plus annual free cash flow
- ➤CBL completed nearly $1.0 billion financing activity in 2026
- ➤Financings generate approximately $45.0 million incremental annual cash flow
Expert Statements
Ben Jaenicke, Executive Vice President and Chief Financial Officer of CBL Properties
“We have completed nearly $1.0 billion in new financing activity in 2026, addressing all of our near-term maturities. These financings have unlocked approximately $45.0 million in estimated incremental annual cash flow and removed maturity risk for the next few years.”
Ben Jaenicke, Executive Vice President and Chief Financial Officer of CBL Properties
“The terms we achieved on West County Center reflect the strong leasing and performance of the property in recent years and support the continued financial flexibility of our balance sheet.”
CBL Properties Announces $135.0 Million Refinancing of West County Center
Nearly $1 Billion in New Financing Activity Completed Year-to-Date
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