CBL & Associates: 41% Variable-Rate Debt Set To Boost Cash Flows In 2025

Wipada Wipawin/iStock via Getty Images Introduction CBL & Associates Properties (NYSE:CBL) has marginally outperformed the Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, delivering a circa 7% total return against the 5% gain in the benchmark ETF: CBL vs VNQ in 2024 (Seeking Alpha) I also covered the shares back in March 2024, arguing they were undervalued before Fed rate cuts. While interest rate cuts have not materialized yet, I believe they will start soon, boosting the company's cash flows giv ...