CBL Properties CEO: Future of malls includes hotels, more

CBL Properties CEO Stephen Lebovitz discusses his optimism about the mall sector and points to a diversification of uses. “We’ve added new dining and entertainment options, fitness uses, hotels, medical offices, multifamily and even casinos at our properties,” Lebovitz says. Lebovitz also addresses trends in the retail sector, the REIT’s portfolio and how the pandemic affected shopping centers.