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Copper Property CTL Pass Through Trust Posts Final 2025 Tax Information
Businesswire· 2026-03-31 19:45
Core Viewpoint - Copper Property CTL Pass Through Trust has released its final Federal income tax information for 2025, which supersedes earlier information provided on February 13, 2026 [1]. Company Overview - Copper Property CTL Pass Through Trust was established to acquire 160 retail properties and 6 warehouse distribution centers from J.C. Penney as part of its Chapter 11 reorganization plan [3]. - The Trust's operations focus on owning, leasing, and selling these properties, with the objective of selling them to third-party purchasers as quickly as possible [3]. - The Trust is managed externally by an affiliate of Hilco Real Estate LLC and is intended to be treated as a liquidating trust for tax purposes [3]. Financial Information - The Trust has filed its Annual Report on Form 10-K for the year ended December 31, 2025, and will host a live conference call to discuss its financial and operating results on March 13, 2026 [7][8]. - A monthly report for February 2026 has been filed, indicating a total distribution of $6.2 million, or $0.082844 per trust certificate, to be paid on March 10, 2026 [10].
Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for December 2025
Businesswire· 2026-01-07 21:20
Core Viewpoint - Copper Property CTL Pass Through Trust has announced a total distribution of $8.4 million, equating to $0.112130 per trust certificate, scheduled for payment on January 12, 2026, to certificateholders of record as of January 9, 2026 [1]. Group 1: Trust Operations - The Trust was established to acquire 160 retail properties and 6 warehouse distribution centers from J.C. Penney as part of its Chapter 11 reorganization plan [3]. - The Trust's operations focus on owning, leasing, and selling the acquired properties, with the objective of selling them to third-party purchasers as quickly as possible [3]. - The Trustee of the Trust is GLAS Trust Company LLC, and it is externally managed by an affiliate of Hilco Real Estate LLC [3]. Group 2: Financial Information - The total distribution amount of $8.4 million will be paid to certificateholders, reflecting the Trust's financial performance for the period ended December 31, 2025 [1]. - The distribution per trust certificate is set at $0.112130, indicating the Trust's commitment to returning value to its investors [1]. Group 3: Additional Information - Further details, including the Trust's Monthly and Quarterly Reports, can be accessed on the Trust's website [2]. - The Trust is intended to be treated as a liquidating trust for tax purposes under U.S. Treasury Regulation Section 301.7701-4(d) [3].