Updated
The most significant concentration CBL & Associates Properties, In discloses is southeastern and midwestern United States, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: CBL & Associates Properties, In’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1A: 'Our properties are located principally in the southeastern and midwestern United States, so our business is subject generally to economic conditions in these regions and, in particular, to adverse economic developments affecting the operating results of our properties in our five largest markets.'”
CBL & Associates' disclosed concentration is geographic: its properties are located principally in the southeastern and midwestern United States, making the business subject generally to economic conditions in those regions and, in particular, to adverse developments affecting its five largest markets. No percentage share accompanies this disclosure, so the exact portion of revenue or asset value tied to these regions cannot be quantified from the filing, but the framing — properties "located principally" in these regions plus explicit sensitivity to its five largest markets — indicates this is a meaningful, structural feature of the business rather than an incidental exposure. Because this is the only concentration disclosed here, with no supplier, customer, or tenant-level detail provided, the risk profile is comparatively narrow but also singular in its driver: regional economic health in the Southeast and Midwest, and specifically in a handful of key markets. As a mall and shopping-center REIT, this kind of regional concentration is a structural characteristic of the portfolio's geographic footprint rather than a counterparty-dependency risk, and it would be the first place to look for stress in a regional economic downturn.
For the engine’s reasoning on CBL’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ALX | Alexander's, Inc. | 3 | 0 | 0 | 3 |
| BFS | Saul Centers, Inc. | 1 | 0 | 1 | 2 |
| AKR | Acadia Realty Trust | 1 | 0 | 0 | 1 |
| BRX | Brixmor Property Group Inc. | 1 | 0 | 0 | 1 |
| CBL● | CBL & Associates Properties, In | 0 | 1 | 0 | 1 |
| ADC | Agree Realty Corporation | 0 | 0 | 1 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.