Company Copper Property CTL Pass Through Trust

Equities

CPPTL

US2175191079

Corporate Financial Services

Market Closed - OTC Markets 02:28:58 2024-05-31 pm EDT 5-day change 1st Jan Change
9.48 USD +0.85% Intraday chart for Copper Property CTL Pass Through Trust -0.21% -6.14%

Business Summary

Copper Property CTL Pass Through Trust (The Trust) is a law trust. The Company owns 160 retail properties (the Retail Properties) and six distribution centers (the Properties) from J.C. Penney. The Trusts operations consist solely of owning, leasing, and selling the properties. The Trust’s objective is to sell all properties to third-party investors as promptly as practicable. The Trust's real estate portfolio consists of 130 retail Properties, of which 21 are encumbered by ground leases, in the United States across 35 states and Puerto Rico, and comprising 17.3 million square feet of leasable space. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Base Rent
100.5 %
109 100.2 % 102 100.5 % -5.98%
Ground lease Reimbursement
4.0 %
4 3.7 % 4 4.0 % +1.17%
Straight-line Rental
-2.3 %
-2 -2.3 % -2 -2.3 % -6.08%
Other
-2.2 %
-2 -1.6 % -2 -2.2 % +30.51%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
108 100.0 % 102 100.0 % -6.29%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 75,000,000 75,000,000 ( 100.00 %) 0 100.00 %

Shareholders

NameEquities%Valuation
29,311,680 39.08 % 287 M $
Sixth Street Specialty Lending Advisers LLC
9.805 %
7,353,908 9.805 % 72 M $
Owl Creek Asset Management LP
8.218 %
6,163,838 8.218 % 60 M $
Sculptor Capital LP
5.407 %
4,054,917 5.407 % 40 M $
Brigade Capital Management LP
5.314 %
3,985,228 5.314 % 39 M $
Silver Point Capital LP
3.770 %
2,827,674 3.770 % 28 M $
Sierra Crest Investment Management LLC
0.4260 %
319,520 0.4260 % 3 M $
Clutterbuck Capital Management, LLC
0.1343 %
100,700 0.1343 % 985 853 $
Virtus Fixed Income Advisers LLC
0.0238 %
17,816 0.0238 % 174 419 $

Company contact information

Copper Property CTL Pass Through Trust

3 Second Street Suite 206

07311.0456, Jersey City

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http://www.ctltrust.net
address Copper Property CTL Pass Through Trust(CPPTL)
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