EX-99.1 106 d391767dex991.htm EX-99.1

EX-99.1

Exhibit 99.1

Company Name		Owner		Percentage
1105 Anchor Limited Partnership		CBL/Cary I, LLC			1.25	%
		CBL/Cary II, LLC			98.75	%
2030 Insurance, LLC		CBL & Associates Limited Partnership			100	%
Acadiana Anchor M, LLC		CBL & Associates Limited Partnership			100	%
Acadiana Expansion Parcel, LLC		CBL & Associates Limited Partnership			100	%
Acadiana Mall CMBS, LLC		CW Joint Venture, LLC			100	%
Acadiana Mall of Delaware, LLC		CBL & Associates Limited Partnership			100	%
Acadiana Outparcel, LLC		CBL & Associates Management, Inc.			100	%
Akron Mall Land, LLC		CBL & Associates Limited Partnership			100	%
Alamance Crossing CMBS, LLC		Alamance Crossing, LLC			100	%
Alamance Crossing II, LLC		CBL & Associates Limited Partnership			100	%
Alamance Crossing, LLC		CBL & Associates Limited Partnership			100	%
Ambassador Infrastructure, LLC		Acadiana Outparcel, LLC			65	%
		Stirling Ambassador Partners, L.L.C.			35	%
Ambassador Town Center JV, LLC		CBL Ambassador Member, LLC			65	%
		Stirling Ambassador Partners, L.L.C.			35	%
APWM, LLC		CBL & Associates Limited Partnership			100	%
Arbor Place GP, Inc.		CBL & Associates Management, Inc.			100	%
Arbor Place II, LLC		CW Joint Venture, LLC			100	%
Arbor Place Limited Partnership		Multi-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Asheville Mall CMBS, LLC		Asheville, LLC			100	%
Asheville, LLC		CBL & Associates Limited Partnership			100	%
Atlanta Outlet JV, LLC		CBL Woodstock Member, LLC			50	%
		Horizon Atlanta Outlet Shoppes, LLC			35	%
		Pleasant Lake-Skoien Investments, LLC			7.39	%
		Pleasant Lake Apts. LP			7.61	%
Atlanta Outlet Outparcels, LLC		CBL Woodstock Outparcel Member, LLC			75	%
		Horizon Atlanta Outlet Shoppes, LLC			25	%
Atlanta Outlet Shoppes II, LLC		Atlanta Outlet JV, LLC			100	%
Atlanta Outlet Shoppes, LLC		Atlanta Outlet JV, LLC			100	%
BI Developments II, LLC		CBL BI Developments II Member, LLC			20	%
		Horizon Private Equity III, LLC			40	%
		Wolftever II, LLC			40	%
BI Developments, LLC		CBL BI Developments Member, LLC			20	%
		Horizon Private Equity III, LLC			50	%
		Wolftever II, LLC			30	%
Bluegrass Outlet Shoppes CMBS, LLC		Louisville Outlet Shoppes, LLC			100	%
Bluegrass Outlet Shoppes II, LLC		Louisville Outlet Shoppes, LLC			100	%
Bonita Lakes Mall Limited Partnership		Multi-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Brewery District, LLC		CBL & Associates Limited Partnership			100	%
Brookfield Square Anchor S, LLC		CBL & Associates Limited Partnership			100	%
Brookfield Square Joint Venture		CBL/Brookfield I, LLC			81	%
		CBL/Brookfield II, LLC			19	%
Brookfield Square Parcel, LLC		CBL & Associates Limited Partnership			100	%
Bullseye, LLC		Bassam Issa			55	%
		Amin Issa			25	%
		CBL Bullseye Member, LLC			20	%
Burnsville Center SPE, LLC		CBL & Associates Limited Partnership			100	%
C.H. of Akron II, LLC		CW Joint Venture, LLC			100	%
Cary Venture Limited Partnership		CBL/Cary I, LLC			1.25	%
		CBL/Cary II, LLC			98.75	%

Company Name		Owner		Percentage
CBL & Associates Holdco II, LLC		CBL & Associates Limited Partnership			100	%
CBL & Associates Limited Partnership1		CBL Holdings II, Inc.			96.46	%
		CBL Holdings I, Inc.			1	%
CBL & Associates Management Sub, LLC		CBL & Associates Management, Inc.			100	%
CBL & Associates Management, Inc.		CBL & Associates Limited Partnership			100	%
CBL & Associates Properties, Inc.2		N/A			N/A
CBL Ambassador Member, LLC		CBL & Associates Limited Partnership			100	%
CBL BI Developments II Member, LLC		CBL & Associates Management, Inc.			100	%
CBL BI Developments Member, LLC		CBL & Associates Management, Inc.			100	%
CBL Brazil-Brasilia Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Brazil-Juiz de Fora Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Brazil-Macae Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Brazil-Macapa Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Brazil-Manaus Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Brazil-Tenco SC Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Bullseye Member, LLC		Lebcon Associates			100	%
CBL Eagle Point Member, LLC		CBL & Associates Limited Partnership			96.5	%
		CBL & Associates Management, Inc.			3.5	%
CBL El Paso Member, LLC		CBL & Associates Limited Partnership			100	%
CBL El Paso Outparcel Member, LLC		CBL & Associates Management, Inc.			100	%
CBL El Paso Pref Lender, LLC		CBL & Associates Limited Partnership			100	%
CBL Entertainment Parcel, LLC		Jarnigan Road Limited Partnership			100	%
CBL Fayette Hotel Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Foothills Plaza Partnership		FHP Expansion GP II, LLC			99.8	%
		FHP Expansion GP I, LLC			0.2	%
CBL Fremaux Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Friendly Hotel Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Gettysburg Member, LLC (f/k/a CBL Mezz Member, LLC)		CBL & Associates Limited Partnership			100	%
CBL Grandview Forum, LLC		CBL & Associates Limited Partnership			100	%
CBL Hartford Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Holdings I, Inc.		CBL & Associates Properties, Inc.			100	%
CBL Holdings II, Inc.		CBL & Associates Properties, Inc.			100	%
CBL HP Hotel Member, LLC		CBL & Associates Limited Partnership			100	%
CBL HP Self Storage Member, LLC		CBL & Associates Management, Inc.			90	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			5	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			5	%
CBL Laredo Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Lee’s Summit East, LLC		CBL & Associates Management, Inc.			100	%
CBL Lee’s Summit Peripheral, LLC		CBL & Associates Management, Inc.			100	%
CBL Louisville Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Louisville Outparcel Member, LLC		CBL & Associates Management, Inc.			100	%
CBL Member-Mansfield, LLC		CBL & Associates Limited Partnership			100	%
CBL Morristown, LTD.		Mortgage Holdings, LLC			0.1	%
		CBL & Associates Limited Partnership			99.9	%

¹  Various other owners with partnership interests totaling 2.54% are not enumerated.

²  CBL & Associates Properties, Inc. is a publicly traded company; its owners are not enumerated, as no single shareholder owns a controlling interest.

2

Company Name		Owner		Percentage
CBL Old Hickory Mall, Inc.		CBL & Associates Management, Inc.			100	%
CBL RM-Waco, LLC		CBL/Richland G.P., LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%
CBL SM-Brownsville, LLC		CBL/Sunrise GP, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%
CBL Statesboro Member, LLC		CBL & Associates Limited Partnership			75.28	%
		CBL & Associates Management, Inc.			24.72	%
CBL SubREIT, Inc.		SubREIT Investor-Boston General Partnership			100	%
CBL Terrace Limited Partnership		CBL/GP V, Inc.			1	%
		CBL & Associates Limited Partnership			91	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			4	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			4	%
CBL Triangle Town Member, LLC		CBL & Associates Limited Partnership			100	%
CBL TTC Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Walden Park, LLC		CBL & Associates Limited Partnership			100	%
CBL Woodstock Investments Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Woodstock Member, LLC		CBL & Associates Limited Partnership			100	%
CBL Woodstock Outparcel Member, LLC		CBL & Associates Management, Inc.			100	%
CBL/BFW Kiosks, LLC		CBL & Associates Management, Inc.			100	%
CBL/Brookfield I, LLC		CBL/J I, LLC			100	%
CBL/Brookfield II, LLC		CBL/J I, LLC			100	%
CBL/Brushy Creek Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
CBL/Cary I, LLC		CBL/J I, LLC			100	%
CBL/Cary II, LLC		CBL/J I, LLC			100	%
CBL/Cherryvale I, LLC		CBL/J II, LLC			100	%
CBL/Citadel I, LLC		CBL/J II, LLC			100	%
CBL/Citadel II, LLC		CBL/J II, LLC			100	%
CBL/Columbia I, LLC		CBL/J II, LLC			100	%
CBL/Columbia II, LLC		CBL/J II, LLC			100	%
CBL/Columbia Place, LLC		Columbia Joint Venture			100	%
CBL/CREA Broad Street, LLC		CBL Member-Mansfield, LLC			95	%
		Centennial Broad Street, LLC			5	%
CBL/Eastgate I, LLC		CBL/J II, LLC			100	%
CBL/Eastgate II, LLC		CBL/J II, LLC			100	%
CBL/Eastgate Mall, LLC		Eastgate Company			100	%
CBL/Fayette I, LLC		CBL/J I, LLC			100	%
CBL/Fayette II, LLC		CBL/J I, LLC			100	%
CBL/GP Cary, Inc.		CBL & Associates Management, Inc.			100	%
CBL/GP I, Inc.		CBL & Associates Management, Inc.			100	%
CBL/GP II, Inc.		CBL & Associates Management, Inc.			100	%
CBL/GP III, Inc.		CBL & Associates Management, Inc.			100	%
CBL/GP V, Inc.		CBL & Associates Management, Inc.			100	%
CBL/GP VI, Inc.		CBL & Associates Management, Inc.			100	%
CBL/GP, Inc.		CBL & Associates Management, Inc.			100	%
CBL/Greenport Towne Center, LLC		Seacoast Shopping Center Limited Partnership			100	%
CBL/Gulf Coast, LLC		CBL & Associates Limited Partnership			100	%
CBL/High Pointe GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/High Pointe, LLC		CBL & Associates Limited Partnership			100	%

3

Company Name		Owner		Percentage
CBL/Huntsville, LLC		CBL & Associates Limited Partnership			100	%
CBL/Imperial Valley GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/J I, LLC		CBL & Associates Limited Partnership			100	%
CBL/J II, LLC		CBL & Associates Limited Partnership			100	%
CBL/Kentucky Oaks, LLC		CBL & Associates Limited Partnership			100	%
CBL/Kirkwood Mall, LLC		CBL & Associates Limited Partnership			100	%
CBL/Lion’s Head Village, LLC		Henderson Square Limited Partnership			100	%
CBL/Low Limited Partnership		CBL & Associates Limited Partnership			99	%
		Multi-GP Holdings, LLC			1	%
CBL/Madison I, LLC		CBL & Associates Limited Partnership			100	%
CBL/Madison II, LLC		CBL & Associates Limited Partnership			100	%
CBL/Midland I, LLC		CBL & Associates Limited Partnership			100	%
CBL/Midland II, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville Expansion I, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville Expansion II, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville Expansion III, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville Expansion Partner, L.P.		CBL/Monroeville Expansion II, LLC			0.5	%
		CBL/Monroeville Expansion III, LLC			99.5	%
CBL/Monroeville Expansion, L.P.		CBL/Monroeville Expansion I, LLC			0.5	%
		CBL/Monroeville Expansion Partner, L.P.			99.5	%
CBL/Monroeville I, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville II, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville III, LLC		CBL & Associates Limited Partnership			100	%
CBL/Monroeville Partner, L.P.		CBL/Monroeville II, LLC			0.5	%
		CBL/Monroeville III, LLC			99.5	%
CBL/Monroeville, L.P.		CBL/Monroeville I, LLC			0.5	%
		CBL/Monroeville Partner, L.P.			99.5	%
CBL/MS General Partnership		CBL & Associates Limited Partnership			50	%
		CBL & Associates Management, Inc.			50	%
CBL/MSC II, LLC		CBL & Associates Management, Inc.			100	%
CBL/MSC, LLC		CBL & Associates Limited Partnership			100	%
CBL/Nashua Limited Partnership		CBL & Associates Limited Partnership			99.92	%
		Mortgage Holdings, LLC			0.08	%
CBL/Old Hickory I, LLC		CBL/J II, LLC			100	%
CBL/Old Hickory II, LLC		CBL/J II, LLC			100	%
CBL/Park Plaza GP, LLC		CW Joint Venture, LLC			100	%
CBL/Park Plaza Mall, LLC		CBL/Park Plaza, Limited Partnership			100	%
CBL/Park Plaza, Limited Partnership		CBL/Park Plaza GP, LLC			0.1	%
		CW Joint Venture, LLC			99.9	%
CBL/Parkdale Crossing GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/Parkdale Crossing, L.P.		CBL/Parkdale Crossing GP, LLC			0.1	%
		Parkdale Crossing Limited Partnership			99.9	%
CBL/Parkdale Mall GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/Parkdale, LLC		CBL & Associates Limited Partnership			100	%
CBL/Penn Investments, LLC		CBL & Associates Limited Partnership			100	%
CBL/Perimeter Place Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
CBL/Regency I, LLC		CBL & Associates Limited Partnership			100	%
CBL/Regency II, LLC		CBL/J II, LLC			100	%
CBL/Richland G.P., LLC		CBL & Associates Limited Partnership			100	%
CBL/Settlers Ridge GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/Settlers Ridge LP, LLC		CBL & Associates Limited Partnership			90	%
		CBL & Associates Management, Inc.			10	%

4

Company Name		Owner		Percentage
CBL/Stroud, Inc.		CBL & Associates Management, Inc.			100	%
CBL/Sunrise Commons GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/Sunrise Commons, L.P.		CBL/Sunrise Commons GP, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%
CBL/Sunrise GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/Sunrise Land, LLC		CBL & Associates Limited Partnership			100	%
CBL/Sunrise XS Land, L.P.		CBL/Sunrise Land, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%
CBL/T-C, LLC		T-C Midwest Retail LLC			50	%
		The Galleria Associates, L.P.			16.85	%
		Oak Park Holding I, LLC			33.15	%
CBL/Towne Mall I, LLC		CBL/J II, LLC			100	%
CBL/Towne Mall II, LLC		CBL/J II, LLC			100	%
CBL/Wausau I, LLC		CBL/J II, LLC			100	%
CBL/Wausau II, LLC		CBL/J II, LLC			100	%
CBL/Wausau III, LLC		CBL/J II, LLC			100	%
CBL/Wausau IV, LLC		CBL/J II, LLC			100	%
CBL/Westmoreland I, LLC		CW Joint Venture, LLC			100	%
CBL/Westmoreland II, LLC		CW Joint Venture, LLC			100	%
CBL/Westmoreland, L.P.		CBL/Westmoreland I, LLC			0.5	%
		CBL/Westmoreland II, LLC			99.5	%
CBL/York Town Center GP, LLC		CBL & Associates Limited Partnership			100	%
CBL/York Town Center, LLC		CBL & Associates Limited Partnership			100	%
CBL/York, Inc.		CBL & Associates Management, Inc.			100	%
CBL-706 Building, LLC		CBL & Associates Management, Inc.			100	%
CBL-708 Land, LLC		CBL & Associates Management, Inc.			100	%
CBL-840 GC, LLC		CBL & Associates Management, Inc.			100	%
CBL-850 GC, LLC		CBL & Associates Management, Inc.			100	%
CBL-BA Building, LLC		CBL-TRS Joint Venture, LLC			100	%
CBL-Brassfield Shopping Center, LLC		CBL & Associates Management, Inc.			100	%
CBL-Caldwell Court, LLC		CBL & Associates Management, Inc.			100	%
CBL-D’Iberville Member, LLC		CBL & Associates Limited Partnership			99.5	%
		CBL & Associates Management, Inc.			0.5	%
CBL-FC Building, LLC		CBL-TRS Joint Venture, LLC			100	%
CBL-Friendly Center CMBS, LLC		CBL-Friendly Center, LLC			100	%
CBL-Friendly Center, LLC		CBL-TRS Joint Venture, LLC			100	%
CBL-Garden Square, LLC		CBL & Associates Management, Inc.			100	%
CBL-Hunt Village, LLC		CBL & Associates Management, Inc.			100	%
CBL-LP Office Building, LLC		CBL & Associates Management, Inc.			100	%
CBL-New Garden Crossing, LLC		CBL & Associates Management, Inc.			100	%
CBL-Northwest Centre, LLC		CBL & Associates Management, Inc.			100	%
CBL-Oak Hollow Square, LLC		CBL & Associates Management, Inc.			100	%
CBL-OB Business Center, LLC		CBL & Associates Management, Inc.			100	%
CBL-Offices at Friendly, LLC		CBL-TRS Joint Venture, LLC			100	%
CBL-One Oyster Point, LLC		CBL & Associates Management, Inc.			100	%
CBL-PB Center I, LLC		CBL & Associates Management, Inc.			100	%
CBL-Shops at Friendly II, LLC		CBL-TRS Joint Venture, LLC			100	%
CBL-Shops at Friendly, LLC		CBL-TRS Joint Venture, LLC			100	%
CBL-ST Building, LLC North		CBL & Associates Management, Inc.			100	%
CBL-Sunday Drive, LLC North		CBL & Associates Management, Inc.			100	%
CBL-TRS Joint Venture II, LLC		CBL-TRS Member II, LLC			50	%
		TR CBL-TRS II, LLC			50	%

5

Company Name		Owner		Percentage
CBL-TRS Joint Venture, LLC		CBL-TRS Member I, LLC			50	%
		TR CBL-TRS I, LLC			50	%
CBL-TRS Member I, LLC		CBL & Associates Limited Partnership			100	%
CBL-TRS Member II, LLC		CBL & Associates Limited Partnership			100	%
CBL-Two Oyster Point, LLC		CBL & Associates Management, Inc.			100	%
CBL-Westridge Square, LLC		CBL & Associates Management, Inc.			100	%
CBL-Westridge Suites, LLC		CBL & Associates Management, Inc.			100	%
Charleston Joint Venture		CBL/Citadel I, LLC			74.5	%
		CBL/Citadel II, LLC			25.5	%
Cherryvale Mall, LLC		CBL & Associates Limited Partnership			100	%
Chesterfield Mall LLC		CW Joint Venture, LLC			100	%
Chesterfield Parcel, LLC		CW Joint Venture, LLC			100	%
Chicopee Marketplace III, LLC		CBL & Associates Management, Inc.			100	%
Chicopee Marketplace, LLC		CBL & Associates Limited Partnership			100	%
CHM/Akron, LLC		CW Joint Venture, LLC			100	%
Citadel Mall CMBS, LLC		Charleston Joint Venture			100	%
Citadel Mall DSG, LLC		CBL & Associates Limited Partnership			100	%
Coastal Grand CMBS, LLC		Mall of South Carolina Limited Partnership			100	%
Coastal Grand Outparcel CMBS, LLC		Mall of South Carolina Outparcel Limited Partnership			100	%
Coastal Grand-DSG, LLC		Mall of South Carolina Limited Partnership			100	%
Cobblestone Village at Palm Coast, LLC		CBL & Associates Limited Partnership			100	%
Cobblestone Village at St. Augustine, LLC		CBL & Associates Limited Partnership			100	%
College Station Partners, Ltd.		Mortgage Holdings, LLC			0.1	%
		CBL & Associates Limited Partnership			99.9	%
Columbia Joint Venture		CBL/Columbia I, LLC			79	%
		CBL/Columbia II, LLC			21	%
Columbia Place/Anchor, LLC		CBL & Associates Limited Partnership			100	%
Continental 425 Fund LLC3		Continental 460 Fund LLC			25	%
		Port Orange Holdings II, LLC			43.5	%
Coolsprings Crossing Limited Partnership (f/k/a CBL-SW-M, Ltd.)		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
Coolsprings GL Parcel, LLC		CBL/T-C, LLC			100	%
Coolsprings Mall, LLC		CBL/T-C, LLC			100	%
Cosby Station Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
Cross Creek Anchor S GP, LLC		CBL & Associates Limited Partnership			100	%
Cross Creek Anchor S, LP		Cross Creek Anchor S GP, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%
Cross Creek Mall SPE, L.P.		Cross Creek Mall, LLC			1	%
		Henderson Square Limited Partnership			99	%
Cross Creek Mall, LLC		Henderson Square Limited Partnership			100	%
Crossings at Marshalls Creek I LLC		CBL & Associates Limited Partnership			100	%
Crossings at Marshalls Creek II LLC		CBL & Associates Limited Partnership			100	%
Crossings at Marshalls Creek Limited Partnership		Crossings at Marshalls Creek I LLC			1	%
		Crossings at Marshalls Creek II LLC			99	%
CV at North Columbus, LLC		CBL & Associates Limited Partnership			100	%
CVPC-Lo, LLC		CBL & Associates Management, Inc.			100	%

³  Continental 425 Fund LLC also includes various other investors, owning 315 Investor Units. 1,000 total Units were issued.

6

Company Name		Owner		Percentage
CVPC-Outparcels, LLC		CBL & Associates Management, Inc.			100	%
CW Joint Venture, LLC		CBL & Associates Limited Partnership			81.99	%
		Arbor Place Limited Partnership			18.01	%
Dakota Square Mall CMBS, LLC		CBL & Associates Limited Partnership			100	%
Dallan Acquisitions, LLC		Evin Acquisitions, LLC			100	%
Deco Mall, LLC		CBL & Associates Limited Partnership			100	%
Development Options Centers, LLC		CBL & Associates Limited Partnership			100	%
Development Options, Inc.		CBL & Associates Management, Inc.			100	%
Development Options/Cobblestone, LLC		CBL & Associates Limited Partnership			100	%
D’Iberville CBL Land, LLC		CBL & Associates Limited Partnership			100	%
DM-Cayman II, Inc.		Deco Mall, LLC			100	%
DM-Cayman, Inc.		Deco Mall, LLC			100	%
Dunite Acquisitions, LLC		CBL & Associates Limited Partnership			100	%
East Towne Parcel I, LLC		CBL & Associates Limited Partnership			100	%
Eastgate Anchor S, LLC		CBL & Associates Limited Partnership			100	%
Eastgate Company		CBL/Eastgate I, LLC			53.85	%
		CBL/Eastgate II, LLC			46.15	%
Eastgate Crossing CMBS, LLC		CBL & Associates Management, Inc.			100	%
Eastgate Mall CMBS, LLC		CBL/Eastgate Mall, LLC			100	%
Eastgate Storage, LLC		Cincinnati Self Storage JV III, LP			50	%
		CBL & Associates Management, Inc.			50	%
Eastland Anchor M, LLC		CBL & Associates Limited Partnership			100	%
Eastland Holding I, LLC		CBL & Associates Management, Inc.			0.5	%
		CBL & Associates Limited Partnership			99.5	%
Eastland Holding II, LLC		CBL & Associates Management, Inc.			0.5	%
		CBL & Associates Limited Partnership			99.5	%
Eastland Mall, LLC		Eastland Member, LLC			100	%
Eastland Medical Building, LLC		CBL & Associates Limited Partnership			100	%
Eastland Member, LLC		Eastland Holding I, LLC			61.36	%
		Eastland Holding II, LLC			38.64	%
El Paso Outlet Center CMBS, LLC		El Paso Outlet Center, LLC			100	%
El Paso Outlet Center Holding, LLC		CBL El Paso Member, LLC			50	%
		Pleasant Lake-Skoien Investments, LLC			7.38	%
		Pleasant Lake Apts. Limited Partnership			17.62	%
		Horizon El Paso, LLC			25	%
El Paso Outlet Center II Expansion, LLC		El Paso Outlet Center II, LLC			100	%
El Paso Outlet Center II, LLC		CBL El Paso Member, LLC			75	%
		Horizon El Paso, LLC			25	%
El Paso Outlet Center Manager, Inc.		El Paso Outlet Center Holding, LLC			100	%
El Paso Outlet Center, LLC		El Paso Outlet Center Holding, LLC			99.5	%
		El Paso Outlet Center Manager, Inc.			0.5	%
El Paso Outlet Outparcels II, LLC		CBL El Paso Outparcel Member, LLC			50	%
		Horizon El Paso, LLC			50	%
El Paso Outlet Outparcels, LLC		CBL El Paso Outparcel Member, LLC			33.33	%
		Pleasant Lake-Skoien Investments, LLC			4.92	%
		Pleasant Lake Apts. Limited Partnership			11.75	%
		Horizon El Paso, LLC			50	%
Evin Acquisitions, LLC		CBL & Associates Limited Partnership			100	%
Fashion Square Mall CMBS, LLC		JG Saginaw, LLC			100	%
Fashion Square-Orange Park, LLC		CBL & Associates Limited Partnership			100	%
Fayette Development Property, LLC		CBL & Associates Limited Partnership			100	%
Fayette Mall SPE, LLC		Lexington Joint Venture			100	%

7

Company Name		Owner		Percentage
Fayette Middle Anchor, LLC		CBL & Associates Limited Partnership			100	%
Fayette Plaza CMBS, LLC		CBL & Associates Limited Partnership			100	%
FHP Expansion GP I, LLC		CBL & Associates Limited Partnership			100	%
FHP Expansion GP II, LLC		CBL & Associates Limited Partnership			100	%
Foothills Mall Associates, LP		Foothills Mall, Inc.			1	%
		Maryville Partners, L.P.			94	%
		Stanley R. Fimberg			5	%
Foothills Mall, Inc.		CBL & Associates Management, Inc.			100	%
Fremaux Town Center JV, LLC		CBL Fremaux Member, LLC			65	%
		Stirling-Levis, L.L.C			35	%
Fremaux Town Center SPE, LLC		Fremaux Town Center JV, LLC			100	%
Frontier Mall Associates Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		Mortgage Holdings, LLC			0.1	%
G&I VIII CBL Triangle LLC		CBL TTC Member, LLC			10	%
		G&I VIII Investment Triangle LLC			90	%
G&I VIII CBL TTC LLC		G&I VIII CBL Triangle LLC			100	%
GCTC Peripheral III, LLC		CBL & Associates Management, Inc.			50	%
		JG Gulf Coast Member LLC			50	%
GCTC Peripheral IV, LLC		JG Gulf Coast Town Center LLC			100	%
GCTC Peripheral V, LLC		JG Gulf Coast Town Center LLC			100	%
Gettysburg Outlet Center CMBS, LLC		Gettysburg Outlet Center, LP			100	%
Gettysburg Outlet Center GP, Inc.		Gettysburg Outlet Center Holding, LLC			100	%
Gettysburg Outlet Center Holding, LLC		CBL Gettysburg Member, LLC			50	%
		Somerset Outlet Center, L.P.			19.06	%
		Bright Horizons of South Florida, LLC			12.63	%
		Horizon Group Properties, L.P.			18.31	%
Gettysburg Outlet Center, LLC		CBL Gettysburg Member, LLC			50	%
		Somerset Outlet Center, L.P.			12.63	%
		Bright Horizons of South Florida, LLC			18.31	%
		Horizon Group Properties, L.P.			19.06	%
Gettysburg Outlet Center, LP		Gettysburg Outlet Center GP, Inc.			1.0	%
		Gettysburg Outlet Center Holding, LLC			99.0	%
Governor’s Square Company IB		Montgomery Partners, L.P.			50	%
		Cafaro Governor’s Square Partnership			50	%
Governor’s Square Company		Montgomery Partners, L.P.			47.5	%
		Cafaro Governor’s Square Partnership			47.5	%
		Donald J. DeSalvo			5	%
Greenbrier Mall II, LLC		CW Joint Venture, LLC			100	%
Greenbrier Mall, LLC		CBL & Associates Limited Partnership			100	%
Gulf Coast Town Center CMBS, LLC		JG Gulf Coast Town Center LLC			100	%
Gulf Coast Town Center Peripheral I, LLC		CBL & Associates Management, Inc.			100	%
Gulf Coast Town Center Peripheral II, LLC		CBL & Associates Management, Inc.			100	%
Gunbarrel Commons, LLC		CBL & Associates Limited Partnership			100	%
Hamilton Corner CMBS General Partnership		Hamilton Corner GP I LLC			5	%
		Hamilton Corner GP II LLC			95	%
Hamilton Corner GP I LLC		Lebcon Associates			100	%
Hamilton Corner GP II LLC		Lebcon Associates			100	%
Hamilton Crossing CMBS, LLC		Lebcon I, Ltd.			100	%
Hamilton Place Anchor S, LLC		CBL & Associates Limited Partnership			100	%

8

Company Name		Owner		Percentage
Hamilton Place CMBS, LLC (f/k/a Hamilton Place Mall General Partnership)		Lebcon Associates			100	%
Hamilton Place Mall/GP I, LLC (f/k/a Hamilton Place Mall, LLC)		Lebcon Associates			100	%
Hamilton Place Mall/GP II, LLC		Lebcon Associates			100	%
Hamilton Place Self Storage, LLC		Chattanooga Self Storage JV, LP			40.02	%
		CBL HP Self Storage Member, LLC			59.98	%
Hammock Landing Collecting Agent, LLC		CBL & Associates Management, Inc.			100	%
Hammock Landing/West Melbourne, LLC		CBL & Associates Limited Partnership			54.29	%
		CBL & Associates Management, Inc.			45.71	%
Hanes Mall Parcels, LLC (f/k/a Hanes Mall DSG, LLC)		CBL & Associates Limited Partnership			100	%
Harford Mall Business Trust		CBL/Nashua Limited Partnership			100	%
Henderson Square Limited Partnership		CBL/ GP, Inc.			0.42	%
		CBL & Associates Limited Partnership			99.35	%
		CBL & Associates Properties, Inc.			0.04	%
		CBL/ GP Cary, Inc.			0.19	%
Hickory Hollow Courtyard, Inc.		CBL & Associates Management, Inc.			100	%
Hickory Hollow Mall Limited Partnership		Tenn-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Hickory Hollow Mall, Inc.		CBL & Associates Management, Inc.			100	%
Hickory Hollow/SB, LLC		CBL & Associates Limited Partnership			100	%
Hickory Point Outparcels, LLC		CBL & Associates Management, Inc.			100	%
Hickory Point, LLC		CBL & Associates Limited Partnership			100	%
Hickory Point-OP Outparcel, LLC		CBL & Associates Limited Partnership			100	%
High Point Development Limited Partnership		CBL/GP, Inc.			1	%
		CBL & Associates Limited Partnership			74	%
		Belk-Beck Co. of High Point, N.C., Inc			25	%
High Point Development Limited Partnership II		CBL/GP, Inc.			1	%
		CBL & Associates Management, Inc.			74	%
		Belk-Beck Co. of High Point, N.C., Inc			25	%
High Pointe Commons Holding GP, LLC		High Pointe Commons, LP			100	%
High Pointe Commons Holding II-HAP GP, LLC		High Pointe Commons II-HAP, LP			100	%
High Pointe Commons Holding II-HAP, LP		High Pointe Commons Holding II-HAP GP, LLC			0.001	%
		High Pointe Commons II-HAP, LP			99.99	%
High Pointe Commons Holding, LP		High Pointe Commons Holding GP, LLC			0.001	%
		High Pointe Commons, LP			99.99	%
High Pointe Commons II-HAP, LP		CBL/High Pointe GP, LLC			0.1	%
		High Pointe Commons GP, LLC			0.1	%
		CBL/High Pointe, LLC			11	%
		CBL/Penn Investments, LLC			38.9	%
		High Family Partnership I, L.P.			49.9	%
High Pointe Commons, LP		CBL/High Pointe GP, LLC			0.1	%
		High Pointe Commons GP, LLC			0.1	%
		CBL/High Pointe, LLC			11	%
		CBL/Penn Investments, LLC			38.9	%
		High Family Partnership I, L.P.			49.9	%
Hixson Mall, LLC		CBL & Associates Limited Partnership			100	%
Honey Creek Mall Member SPE, LLC		CBL & Associates Limited Partnership			100	%
Honey Creek Mall, LLC		Honey Creek Mall Member SPE, LLC			100	%
Huckleberry Place, LLC		CBL & Associates Limited Partnership			100	%
Hwy 287 & Broad Street, LLC		CBL/CREA Broad Street, LLC			100	%
Imperial Valley Commons, L.P.		IV Commons, LLC			1	%
		CBL & Associates Limited Partnership			99	%

9

Company Name		Owner		Percentage
Imperial Valley Mall GP, LLC		Imperial Valley Mall, L.P.			100	%
Imperial Valley Mall II, L.P.		Imperial Valley Mall GP, LLC			0.5	%
		Imperial Valley Mall, L.P.			99.5	%
Imperial Valley Mall, L.P.		CBL/Imperial Valley GP, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Imperial Valley Peripheral, L.P.		IV Outparcels, LLC			1.5	%
		CBL & Associates Management, Inc.			98.5	%
IV Commons, LLC		CBL & Associates Limited Partnership			100	%
IV Outparcels, LLC		CBL & Associates Management, Inc.			100	%
Janesville Mall Limited Partnership		Janesville Wisconsin, Inc.			1	%
		CBL & Associates Limited Partnership			99	%
Janesville Wisconsin, Inc.		CBL & Associates Management, Inc.			100	%
Jarnigan Road II, LLC		CBL & Associates Management, Inc			91	%
		Development Options, Inc.			1	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			4	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			4	%
Jarnigan Road Limited Partnership		Development Options, Inc.			1	%
		CBL & Associates Limited Partnership			91	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			4	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			4	%
Jefferson Anchor M, LLC		CBL & Associates Limited Partnership			100	%
Jefferson Anchor S, LLC		CBL & Associates Limited Partnership			100	%
Jefferson Mall CMBS, LLC		Jefferson Mall Company II, LLC			100	%
Jefferson Mall Company II, LLC		CBL & Associates Limited Partnership			100	%
JG Gulf Coast Town Center LLC		CBL/Gulf Coast, LLC			100	%
JG Randolph II, LLC		JG Randolph, LLC			100	%
JG Randolph, LLC		CBL/J II, LLC			100	%
JG Saginaw II, LLC		CBL & Associates Limited Partnership			100	%
JG Saginaw, LLC		CBL/J II, LLC			99.5	%
		JG Saginaw II, LLC			0.5	%
JG Winston-Salem, LLC		CBL & Associates Limited Partnership			100	%
Kentucky Oaks Mall Company		The Marion Plaza, Inc			30	%
		Mary J. Beck, William A. Cafaro, and Anthony M. Cafaro, Jr., Co-Trustees of the Anthony M. Cafaro Irrevocable Trust FBO Descendants U/A/D May 1, 1996			10	%
		Anthony M. Cafaro, Settlor and Trustee of the Revocable Family Trust U/A/D May 23, 1995, as Amended and Restated			10	%
		CBL/Kentucky Oaks, LLC			50	%
Kirkwood Mall Acquisition LLC		Kirkwood Mall Mezz LLC			100	%
Kirkwood Mall Mezz LLC		CBL/Kirkwood Mall, LLC			100	%
Lakeshore/Sebring Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		Mortgage Holdings, LLC			0.1	%
Lakeview Pointe, LLC		CBL & Associates Limited Partnership			100	%
Laredo Outlet JV, LLC		CBL Laredo Member, LLC			65	%
		El Portal Center LLC			35	%
		Lawrence A. Friedman			0	%
Laredo Outlet Shoppes, LLC		Laredo Outlet JV, LLC			100	%
Laredo/MDN II Limited Partnership		MDN/Laredo GP II, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%

10

Company Name		Owner		Percentage
Laurel Park Retail Holding LLC		CBL & Associates Limited Partnership			99.5	%
		CBL & Associates Management, Inc.			0.5	%
Laurel Park Retail Properties LLC (f/k/a Newburgh/Six Mile Limited Partnership)		Laurel Park Retail Holding LLC			100	%
Layton Hills Mall CMBS, LLC		CBL & Associates Limited Partnership			100	%
LeaseCo, Inc.		CBL & Associates Management, Inc.			100	%
Lebcon Associates		CBL & Associates Limited Partnership			89.9	%
		CBL & Associates Limited Partnership			0.1	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			5	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			5	%
Lebcon Associates LP II		CBL & Associates Limited Partnership			89.9	%
		CBL & Associates Limited Partnership			0.1	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			5	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			5	%
Lebcon I, Ltd.		CBL & Associates Limited Partnership			91	%
		CBL & Associates Limited Partnership			1	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			4	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			4	%
Lee Partners		CBL & Associates Management, Inc.			95	%
		The Holland Ashley Conner Family Trust U/A dated Dec 27, 2012			2.5	%
		The Lewis Forrest Conner Family Trust U/A dated Dec 27, 2012			2.5	%
Lexington Joint Venture		CBL/Fayette I, LLC			97.81	%
		CBL/Fayette II, LLC			2.19	%
LHM-Utah, LLC		CBL & Associates Limited Partnership			100	%
Louisville Outlet Outparcels, LLC		CBL Louisville Outparcel Member, LLC			65	%
		Horizon Louisville Outlets, LLC			35	%
Louisville Outlet Shoppes, LLC		CBL Louisville Member, LLC			65	%
		Horizon Louisville Outlets, LLC			35	%
Lunenburg Crossing Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
Madison Grandview Development Company, LLC		CBL Grandview Forum, LLC			75	%
		Madison Grandview Development Company, LLC			25	%
Madison Grandview Forum, LLC		CBL Grandview Forum, LLC			75	%
		Madison Grandview Development Company, LLC			25	%
Madison Ground, LLC		CBL & Associates Management, Inc.			100	%
Madison Joint Venture, LLC		CBL/Madison I, LLC			100	%
Madison Plaza Associates, Ltd.		CBL & Associates Limited Partnership			99.9	%
		CBL/Huntsville, LLC			0.1	%
Madison Square Associates, Ltd.		CBL & Associates Limited Partnership			99.9	%
		CBL/Huntsville, LLC			0.1	%
Madison/East Towne, LLC		Madison Joint Venture, LLC			100	%
Madison/West Towne, LLC		Madison Joint Venture, LLC			100	%
Mall Del Norte, LLC		MDN/Laredo GP, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%

11

Company Name		Owner		Percentage
Mall of South Carolina Limited Partnership		CBL/MSC, LLC			1	%
		MOSCM, LLC			1	%
		CBL/MSC, LLC			49	%
		MOSCI, LLC			48.9	%
		Burroughs & Chapin Company, Inc.			0.1	%
Mall of South Carolina Outparcel Limited Partnership		CBL/MSC II, LLC			1	%
		MOSCM, LLC			1	%
		CBL/MSC II, LLC			49	%
		MOSCI, LLC			48.9	%
		Burroughs & Chapin Company, Inc.			0.1	%
Mall Shopping Center Company, L.P. (formerly Mall Shopping Center Company)		CBL & Associates Limited Partnership			50.56	%
		C & W Manhattan Associates			35	%
		Charles B. Carpenter			14.44	%
Maryville Department Store Associates, Ltd.		Mortgage Holdings, LLC			0.1	%
		CBL & Associates Limited Partnership			99.9	%
Maryville Partners, L.P.		Tenn-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Mayfaire GP, LLC		CBL & Associates Limited Partnership			100	%
Mayfaire Town Center, LP		Mayfaire GP, LLC			1	%
		CBL & Associates Limited Partnership			99	%
MDN/Laredo GP II, LLC		CBL & Associates Limited Partnership			100	%
MDN/Laredo GP, LLC		CBL & Associates Limited Partnership			100	%
Meridian Mall Company, Inc.		CBL & Associates Management, Inc.			100	%
Meridian Mall Limited Partnership		Multi-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Mid Rivers Land LLC		CBL & Associates Limited Partnership			100	%
Mid Rivers Mall CMBS, LLC		Mid Rivers Land LLC			100	%
Midland Venture Limited Partnership		CBL/Midland I, LLC			40	%
		CBL/Midland II, LLC			60	%
Milford Marketplace, LLC		CBL & Associates Limited Partnership			100	%
Monroeville Anchor Limited Partnership		CBL/Monroeville II, LLC			0.5	%
		CBL/Monroeville III, LLC			99.5	%
Montgomery Partners, L.P.		CBL/GP VI, Inc.			1	%
		CBL & Associates Limited Partnership			99	%
Mortgage Holdings II, LLC		Mortgage Holdings, LLC			100	%
Mortgage Holdings, LLC		CBL & Associates Limited Partnership			100	%
Multi-GP Holdings, LLC		CBL & Associates Limited Partnership			100	%
Newco Mortgage, LLC		CBL & Associates Management, Inc.			100	%
NewLease Corp.		CBL & Associates Management, Inc.			100	%
North Charleston Joint Venture II, LLC		CBL & Associates Limited Partnership			100	%
Northgate SAC, LLC		CBL & Associates Limited Partnership			100	%
Northpark Mall/Joplin, LLC		CBL & Associates Limited Partnership			100	%
Northwoods Mall CMBS, LLC		North Charleston Joint Venture II, LLC			100	%
Oak Park Holding I, LLC		CBL & Associates Management, Inc.			0.05	%
		CBL & Associates Limited Partnership			99.5	%
Oak Park Holding II, LLC		CBL & Associates Management, Inc.			0.5	%
		CBL & Associates Limited Partnership			99.5	%
Oak Park Mall, LLC		CBL/T-C, LLC			100	%
Oak Ridge Associates Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%

12

Company Name		Owner		Percentage
OK City JV, LLC		OK City Member, LLC			75	%
		Horizon OK City Outlets, LLC			25	%
OK City Member, LLC		CBL & Associates Limited Partnership			92.75	%
		CBL & Associates Management, Inc.			7.25	%
OK City Outlets II, LLC		OK City JV, LLC			100	%
OK City Outlets III, LLC		OK City JV, LLC			100	%
OK City Outlets, LLC		OK City JV, LLC			100	%
Old Hickory Mall Venture		CBL/Old Hickory I, LLC			95	%
		CBL/Old Hickory II, LLC			5	%
Old Hickory Mall Venture II, LLC		Old Hickory Mall Venture			99.5	%
		Mortgage Holdings, LLC			0.5	%
Panama City Peripheral, LLC		CBL & Associates Limited Partnership			100	%
Park Plaza Mall CMBS, LLC		CBL/Park Plaza Mall, LLC			100	%
Parkdale Anchor M, LLC		CBL & Associates Limited Partnership			100	%
Parkdale Crossing CMBS, LLC		CBL/Parkdale Crossing, L.P.			100	%
Parkdale Crossing GP, Inc.		CBL & Associates Management, Inc.			100	%
Parkdale Crossing Limited Partnership		CBL/Parkdale Crossing GP, LLC			0.1	%
		CBL & Associates Limited Partnership			99.9	%
Parkdale Mall Associates, L.P.		CBL/Parkdale, LLC			0.05	%
		CBL & Associates Limited Partnership			99.95	%
Parkdale Mall CMBS, LLC		Parkdale Mall, LLC			100	%
Parkdale Mall, LLC		CBL/Parkdale Mall GP, LLC			0.05	%
		Parkdale Mall Associates, L.P.			99.95	%
Parkdale Self Storage, LLC		Beaumont Self Storage JV, LP			50	%
		CBL & Associates Management, Inc.			50	%
Parkway Place Limited Partnership		CBL & Associates Limited Partnership			2	%
		CBL & Associates Limited Partnership			49	%
		Dunite Acquisitions, LLC			49	%
Parkway Place SPE, LLC		Parkway Place Limited Partnership			100	%
Parkway Place, Inc.		CBL & Associates Management, Inc.			100	%
Pearland Ground, LLC		Pearland Town Center Limited Partnership			100	%
Pearland Hotel Operator, Inc.		CBL & Associates Management, Inc.			100	%
Pearland Town Center GP, LLC		CBL & Associates Limited Partnership			100	%
Pearland Town Center Hotel/Residential4 Condominium Association, Inc.		Pearland Ground, LLC			75	%
		CBL & Associates Management, Inc.			25	%
Pearland Town Center Limited Partnership		Pearland Town Center GP, LLC			0.5	%
		CBL & Associates Limited Partnership			99.5	%
Pearland-OP Parcel 8, LLC		CBL & Associates Limited Partnership			100	%
PHG-CBL Lexington Fayette, LLC5		Peachtree Hotel Group II, LLC			N/A
		PHG Lexington Fayette, LLC			N/A
		CBL Fayette Hotel Member, LLC			N/A
POM-College Station, LLC (f/k/a Post Oak Mall Associates)		CBL & Associates Limited Partnership			99.9	%
		Mortgage Holdings, LLC			0.1	%
Port Orange Holdings II, LLC		CBL & Associates Management, Inc.			100	%

⁴  Pearland Ground, LLC has 3 votes, and CBL & Associates Management, Inc. has 1 vote.

⁵  The ownership percentages of PHG-CBL Lexington Fayette, LLC will be updated upon contribution of the Initial Capital Contributions.

13

Company Name		Owner		Percentage
Port Orange I, LLC		The Pavilion at Port Orange, LLC			50	%
		Ogdensburg LLC			40	%
		MJDB Real Estate Holdings, LLC			5	%
		John Rehak, Jr.			5	%
Port Orange Town Center, LLC		Port Orange I, LLC			100	%
Property Taxperts, LLC		CBL & Associates Management, Inc.			100	%
Racine Joint Venture		CBL/Regency I, LLC			74.1	%
		CBL/Regency II, LLC			25.9	%
Racine Joint Venture II, LLC		Racine Joint Venture			100	%
Renaissance Member II, LLC		CBL-TRS Joint Venture II, LLC			100	%
Renaissance Phase II CMBS, LLC		CBL-TRS Joint Venture II, LLC			100	%
Renaissance Retail LLC		Renaissance SPE Member, LLC			50	%
		Renaissance Member II, LLC			50	%
Renaissance SPE Member, LLC		CBL-TRS Joint Venture II, LLC			100	%
River Ridge Mall LLC		Seacoast Shopping Center Limited Partnership			100	%
Rivergate Mall Limited Partnership		Tenn-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Rivergate Mall, Inc.		CBL & Associates Management, Inc.			100	%
Seacoast Shopping Center Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		Mortgage Holdings, LLC			0.1	%
Self Storage at Mid Rivers, LLC		Mid Rivers Self Storage JV, LP			50	%
		CBL & Associates Management, Inc.			50	%
Shoppes at Eagle Point, LLC		CBL Eagle Point Member, LLC			50	%
		CHM Browning, LLC			50	%
Shoppes at St. Clair CMBS, LLC		CW Joint Venture, LLC			100	%
Shoppes at St. Clair Square, LLC		CBL & Associates Limited Partnership			100	%
Shopping Center Finance Corp.		CBL & Associates Management, Inc.			100	%
Slidell Development Company, L.L.C.		Fremaux Town Center JV, LLC			100	%
South County Shoppingtown LLC		CBL & Associates Limited Partnership			100	%
Southaven Towne Center II, LLC		CBL & Associates Limited Partnership			100	%
Southaven Towne Center, LLC		CBL & Associates Limited Partnership			100	%
Southpark Mall CMBS, LLC		Southpark Mall, LLC			100	%
Southpark Mall, LLC		Seacoast Shopping Center Limited Partnership			100	%
Southpark Mall-DSG, LLC		CBL & Associates Limited Partnership			100	%
Springdale/Mobile GP II, Inc.		CBL & Associates Management, Inc.			100	%
Springdale/Mobile GP, Inc.		CBL & Associates Management, Inc.			100	%
Springhill/Coastal Landing, LLC		CBL & Associates Limited Partnership			100	%
St. Clair Square GP I, LLC		CW Joint Venture, LLC			100	%
St. Clair Square GP, Inc.		CBL & Associates Management, Inc.			100	%
St. Clair Square Limited Partnership		St. Clair Square GP I, LLC			1	%
		CW Joint Venture, LLC			99	%
St. Clair Square SPE, LLC		St. Clair Square Limited Partnership			100	%
Statesboro Crossing, LLC		ESR Statesboro, LLC			50	%
		CBL Statesboro Member, LLC			50	%
Stroud Mall, LLC		CBL & Associates Limited Partnership			99	%
		CBL/Stroud, Inc.			1	%
SubREIT Investor-Boston General Partnership		SubREIT Investor-Boston GP I, LLC			90	%
		CBL & Associates Limited Partnership			10	%
SubREIT Investor-Boston GP I, LLC		CBL & Associates Limited Partnership			100	%
Sutton Plaza GP, Inc.		CBL & Associates Management, Inc.			100	%
Tenn-GP Holdings, LLC		CBL & Associates Limited Partnership			100	%
The Courtyard at Hickory Hollow Limited Partnership		Tenn-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%

14

Company Name		Owner		Percentage
The Galleria Associates, L.P.		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
The Lakes Mall, LLC		CBL & Associates Limited Partnership			100	%
The Landing at Arbor Place II, LLC		CBL & Associates Limited Partnership			100	%
The Pavilion at Port Orange, LLC (f/k/a The Hammock at Port Orange, LLC)		CBL & Associates Limited Partnership			91.09	%
		CBL & Associates Management, Inc.			9.91	%
The Pavilion Collecting Agent, LLC		CBL & Associates Management, Inc.			100	%
The Promenade D’Iberville, LLC		CBL-D’Iberville Member, LLC			85	%
		D’Iberville Promenade, LLC			15	%
The Shoppes at Hamilton Place, LLC		Jarnigan Road Limited Partnership			100	%
The Shops at Pineda Ridge, LLC		CBL & Associates Management, Inc.			100	%
The Village at Newnan Crossing, LLC		CBL & Associates Limited Partnership			100	%
The Village at Rivergate Limited Partnership		Tenn-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
The Village at Rivergate, Inc.		CBL & Associates Management, Inc.			100	%
TN-Land Parcels, LLC (f/k/a FHM Anchor, LLC)		CBL & Associates Limited Partnership			100	%
Triangle Town Center, LLC		Triangle Town Member, LLC			100	%
Triangle Town Member, LLC		CBL Triangle Town Member, LLC			100	%
Turtle Creek Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		Mortgage Holdings, LLC			0.1	%
TX-Land Parcels, LLC		CBL & Associates Limited Partnership			100	%
V V Condominium Owner’s Association, Inc.6		Valley View Mall SPE, LLC			50	%
		Macy’s Retail Holdings, Inc. (f/k/a The May Department Stores Company)			50	%
Valley View Mall SPE, LLC		Seacoast Shopping Center Limited Partnership			100	%
Village at Orchard Hills, LLC		Robert Aikens			50	%
		CBL & Associates Limited Partnership			50	%
Vision-CBL Hamilton Place, LLC		Vision Fund Hamilton, LLC			50	%
		CBL HP Hotel Member, LLC			50	%
Volusia Mall GP, Inc. (f/k/a Cortlandt Town Center, Inc.)		CBL & Associates Management, Inc.			100	%
Volusia Mall Limited Partnership (f/k/a Cortlandt Town Center Limited Partnership)		Volusia Mall GP, Inc.			1	%
		Laurel Park Retail Holding LLC			99	%
Volusia Mall Member SPE, LLC		Volusia Mall Limited Partnership			100	%
Volusia Mall, LLC		Volusia Mall Member SPE, LLC			100	%
Volusia SAC, LLC		CBL & Associates Limited Partnership			100	%
Volusia-OP Peripheral, LLC		CBL & Associates Limited Partnership			100	%
Walnut Square Associates Limited Partnership		CBL & Associates Limited Partnership			99.9	%
		CBL & Associates Properties, Inc.			0.1	%
Waterford Commons of CT III, LLC		CBL & Associates Management, Inc.			100	%
Wausau Center CMBS, LLC		Wausau Joint Venture			100	%
Wausau Joint Venture		CBL/Wausau I, LLC			70	%
		CBL/Wausau II, LLC			30	%
Wausau Penney CMBS, LLC		Wausau Penney Investor Joint Venture			100	%
Wausau Penney Investor Joint Venture		CBL/Wausau III, LLC			70	%
		CBL/Wausau IV, LLC			30	%
West County Mall CMBS, LLC		West County Shoppingtown LLC			100	%

⁶  Valley View Mall SPE, LLC and Macy’s Retail Holdings, Inc. are the members of the association.

15

Company Name		Owner		Percentage
West County Shoppingtown LLC		CBL/T-C, LLC			100	%
West Melbourne Holdings II, LLC		West Melbourne I, LLC			100	%
West Melbourne I, LLC		Hammock Landing/West Melbourne, LLC			50	%
		Hammock Landing Associates, L.P.			50	%
West Melbourne Town Center LLC		West Melbourne I, LLC			100	%
West Towne District, LLC		CBL & Associates Management, Inc.			100	%
Westgate Crossing Limited Partnership		Multi-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Westgate Mall CMBS, LLC		Westgate Mall II, LLC			100	%
Westgate Mall II, LLC		Westgate Mall Limited Partnership			100	%
Westgate Mall Limited Partnership		CBL/GP II, Inc.			1	%
		CBL & Associates Limited Partnership			99	%
WI-Land Parcels, LLC		CBL & Associates Limited Partnership			100	%
Wilkes-Barre Marketplace GP, LLC		CBL & Associates Limited Partnership			100	%
Wilkes-Barre Marketplace I, LLC		CBL & Associates Limited Partnership			100	%
Wilkes-Barre Marketplace, L.P.		Wilkes-Barre Marketplace GP, LLC			1	%
		CBL & Associates Limited Partnership			99	%
Willowbrook Plaza Limited Partnership (f/k/a Portland/HQ Limited Partnership)		Multi-GP Holdings, LLC			1	%
		CBL & Associates Limited Partnership			99	%
WMTC Peripheral, LLC		West Melbourne Town Center, LLC			100	%
WNC Shopping Center, LLC		CBL & Associates Limited Partnership			100	%
Woodstock GA Investments, LLC (f/k/a Horizon Woodstock, LLC)		CBL Woodstock Investments Member, LLC			75	%
		Horizon Atlanta Outlet Shoppes, LLC			25	%
WPMP Holding LLC		CBL & Associates Limited Partnership			100	%
York Galleria Limited Partnership		CBL/York, Inc.			1	%
		CBL & Associates Limited Partnership			99	%
York Town Center Holding GP, LLC		York Town Center, LP			100	%
York Town Center Holding, LP		York Town Center Holding GP, LLC			0.1	%
		York Town Center, LP			99.9	%
York Town Center, LP		CBL/York Town Center GP, LLC			0.1	%
		York Town Center GP, LLC			0.1	%
		CBL/York Town Center, LLC			11	%
		High Family Partnership I, L.P.			49.9	%
		CBL/Penn Investments, LLC			38.9	%

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