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  <submissionType>144</submissionType>
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  <cik>0001220925</cik>
  <ccc>XXXXXXXX</ccc>
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  <liveTestFlag>LIVE</liveTestFlag>
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  <issuerInfo>
  <issuerCik>0000910612</issuerCik>
  <issuerName>CBL &amp; Associates Properties, Inc.</issuerName>
  <secFileNumber>001-12494</secFileNumber>
  <issuerAddress>
  <street1 xmlns="http://www.sec.gov/edgar/common">2030 HAMILTON PLACE BVLD</street1>
  <street2 xmlns="http://www.sec.gov/edgar/common"> SUITE 500, CBL CENTER</street2>
  <city xmlns="http://www.sec.gov/edgar/common">CHATTANOOGA</city>
  <stateOrCountry xmlns="http://www.sec.gov/edgar/common">TN</stateOrCountry>
  <zipCode xmlns="http://www.sec.gov/edgar/common">37421</zipCode>
  </issuerAddress>
  <issuerContactPhone>423-855-0001</issuerContactPhone>
  <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Stephen D. Lebovitz</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
  <relationshipsToIssuer>
  <relationshipToIssuer>Chief Executive Officer</relationshipToIssuer>
  </relationshipsToIssuer>
  </issuerInfo>
  <securitiesInformation>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <brokerOrMarketmakerDetails>
  <name>J.P. Morgan Securities LLC</name>
  <address>
  <street1 xmlns="http://www.sec.gov/edgar/common">160 Federal Street</street1>
  <street2 xmlns="http://www.sec.gov/edgar/common">FL8</street2>
  <city xmlns="http://www.sec.gov/edgar/common">Boston</city>
  <stateOrCountry xmlns="http://www.sec.gov/edgar/common">MA</stateOrCountry>
  <zipCode xmlns="http://www.sec.gov/edgar/common">02110</zipCode>
  </address>
  </brokerOrMarketmakerDetails>
  <noOfUnitsSold>116576</noOfUnitsSold>
  <aggregateMarketValue>2803653</aggregateMarketValue>
  <noOfUnitsOutstanding>32001237</noOfUnitsOutstanding>
  <approxSaleDate>02/27/2024</approxSaleDate>
  <securitiesExchangeName>NYSE</securitiesExchangeName>
  </securitiesInformation>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>11/01/2021</acquiredDate>
  <natureOfAcquisitionTransaction>See Remarks</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc., as reorganized debtor-in-possession under the Plan.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>9203</amountOfSecuritiesAcquired>
  <paymentDate>11/01/2021</paymentDate>
  <natureOfPayment>Exchange for old Common Stock under the Plan.</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>11/01/2021</acquiredDate>
  <natureOfAcquisitionTransaction>Additional 107,373 shares were acquired on dates indicated through awards under the issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>45487</amountOfSecuritiesAcquired>
  <paymentDate>12/15/2022</paymentDate>
  <natureOfPayment>Vesting of equity awards to CEO under issuer's registered 2021 Equity Incentive Plan.</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>11/01/2021</acquiredDate>
  <natureOfAcquisitionTransaction>Additional 107,373 shares were acquired on dates indicated through awards under the issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>61886</amountOfSecuritiesAcquired>
  <paymentDate>12/31/2022</paymentDate>
  <natureOfPayment>Vesting of equity awards to CEO under issuer's registered 2021 Equity Incentive Plan.</natureOfPayment>
  </securitiesToBeSold>
  <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
  <remarks>9,203 shares are New Common Stock received in exchange for 1,686,234 shares of old Common Stock on the 11/1/2021 Effective Date of the Third Amended Joint Chapter 11 Plan of Reorganization of CBL &amp; Associates Properties, Inc. and Affiliated Debtors, with Technical Modifications (the "Plan"). The old Common Stock was acquired through multiple DRIP reinvestments and vesting of issuer equity compensation awards on dates ranging from 11/4/1994 through 2/11/2021.</remarks>
  <noticeSignature>
  <noticeDate>02/26/2024</noticeDate>
  <signature>/s/ Stephen D. Lebovitz</signature>
  </noticeSignature>
  </formData>
  </edgarSubmission>
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text: 144
  0001220925
  XXXXXXXX
  LIVE
  0000910612
  CBL & Associates Properties, Inc.
  001-12494
  2030 HAMILTON PLACE BVLD
  SUITE 500, CBL CENTER
  CHATTANOOGA
  TN
  37421
  423-855-0001
  Stephen D. Lebovitz
  Chief Executive Officer
  Common Stock
  J.P. Morgan Securities LLC
  160 Federal Street
  FL8
  Boston
  MA
  02110
  116576
  2803653
  32001237
  02/27/2024
  NYSE
  Common Stock
  11/01/2021
  See Remarks
  CBL & Associates Properties, Inc., as reorganized debtor-in-possession under the Plan.
  N
  9203
  11/01/2021
  Exchange for old Common Stock under the Plan.
  Common Stock
  11/01/2021
  Additional 107,373 shares were acquired on dates indicated through awards under the issuer's registered 2021 Equity Incentive Plan.
  CBL & Associates Properties, Inc.
  N
  45487
  12/15/2022
  Vesting of equity awards to CEO under issuer's registered 2021 Equity Incentive Plan.
  Common Stock
  11/01/2021
  Additional 107,373 shares were acquired on dates indicated through awards under the issuer's registered 2021 Equity Incentive Plan.
  CBL & Associates Properties, Inc.
  N
  61886
  12/31/2022
  Vesting of equity awards to CEO under issuer's registered 2021 Equity Incentive Plan.
  Y
  9,203 shares are New Common Stock received in exchange for 1,686,234 shares of old Common Stock on the 11/1/2021 Effective Date of the Third Amended Joint Chapter 11 Plan of Reorganization of CBL & Associates Properties, Inc. and Affiliated Debtors, with Technical Modifications (the "Plan"). The old Common Stock was acquired through multiple DRIP reinvestments and vesting of issuer equity compensation awards on dates ranging from 11/4/1994 through 2/11/2021.
  02/26/2024
  /s/ Stephen D. Lebovitz