CBL Properties reports Q1 results

• CBL Properties (CBLAQ): Q1 GAAP EPS of -$0.14; FFO/share of $0.45.
• Revenue of $133.18M (-20.5% Y/Y)
• Portfolio occupancy was 85.4%, representing a 410-basis point decline compared with 89.5% as of March 31, 2020.
• Press Release