EX-99.2

EX-99.2 227 d391767dex992.htm EX-99.2 EX-99.2

Exhibit 99.2


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 HoldCo II, LLC		100	%
Acadiana Anchor M, LLC	CBL & Associates HoldCo II, LLC		100	%
Acadiana Expansion Parcel, LLC	CBL & Associates HoldCo II, LLC		100	%
Acadiana Mall CMBS, LLC	CW Joint Venture, LLC		100	%
Acadiana Mall of Delaware, LLC	CBL & Associates HoldCo II, LLC		100	%
Acadiana Outparcel, LLC	CBL & Associates Management, Inc.		100	%
Akron Mall Land, LLC	CBL & Associates HoldCo II, LLC		100	%
Alamance Crossing CMBS, LLC	Alamance Crossing, LLC		100	%
Alamance Crossing II, LLC	CBL Outparcel HoldCo, LLC		100	%
Alamance Crossing, LLC	CBL & Associates HoldCo II, LLC		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 Outparcel HoldCo, LLC		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 HoldCo II, LLC		99	%
Asheville Mall CMBS, LLC	Asheville, LLC		100	%
Asheville, LLC	CBL & Associates HoldCo II, LLC		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		65	%
	Horizon Atlanta Outlet Shoppes, LLC		35	%
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 HoldCo II, LLC		99	%
Brewery District, LLC	CBL & Associates HoldCo II, LLC		100	%
Brookfield Square Anchor S, LLC	CBL Brookfield Sears & Street Shops HoldCo, LLC		100	%
Brookfield Square Joint Venture	CBL/Brookfield I, LLC		81	%
	CBL/Brookfield II, LLC		19	%
Brookfield Square Parcel, LLC	CBL Outparcel HoldCo, LLC		100	%
Bullseye, LLC	Bassam Issa		55	%
	Amin Issa		25	%
	CBL Bullseye Member, LLC		20	%
Burnsville Center SPE, LLC	CBL & Associates HoldCo II, LLC		100	%
C.H. of Akron II, LLC	CBL Outparcel HoldCo, 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 I, LLC	CBL & Associates Limited Partnership		100	%
CBL & Associates HoldCo II, LLC	CBL & Associates Limited Partnership		100	%
CBL & Associates Limited Partnership¹	CBL Holdings II, Inc.		97.05488	%
	CBL Holdings I, Inc.		0.99830	%
CBL & Associates Management Sub, LLC	CBL & Associates Management, Inc.		100	%
CBL & Associates Management, Inc.	CBL & Associates HoldCo II, LLC		100	%
CBL & Associates Properties, Inc. ²	N/A		N/A
CBL Alamance Crossing Mgmt OP PropCo, LLC	CBL Management HoldCo, LLC		100	%
CBL Alamance Crossing OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Ambassador Member, LLC	CBL & Associates HoldCo II, LLC		86	%
	CBL & Associates Management, Inc.		14	%
CBL Arbor Place Mgmt OP PropCo, LLC	CBL Management HoldCo, LLC		100	%
CBL BI Developments II Member, LLC	CBL & Associates Management, Inc.		100	%
CBL BI Developments Member, LLC	CBL & Associates Management, Inc.		100	%
CBL Brookfield Sears & Street Shops HoldCo, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Brookfield Square OP PropCo, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Bullseye Member, LLC	Lebcon Associates		100	%
CBL Center HoldCo, LLC	CBL & Associates Management, Inc.		100	%
CBL CoolSprings Crossing HoldCo GP, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL CoolSprings Crossing OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Cross Creek Sears OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Cross Creek Sears OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Dakota Square Lot 8 PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Dakota Square Mall OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Dakota Square Mall OP PropCo III, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Dakota Square Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Eagle Point Member, LLC	CBL & Associates HoldCo II, LLC		96.5	%
	CBL & Associates Management, Inc.		3.5	%
CBL Eastgate Self Development PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL El Paso Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL El Paso Outparcel Member, LLC	CBL & Associates Management, Inc.		100	%
CBL El Paso Pref Lender, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Entertainment Parcel, LLC	Jarnigan Road Limited Partnership		100	%
CBL Fayette Hotel Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Fayette Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		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 HoldCo II, LLC		100	%
CBL Friendly Hotel Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Frontier Square PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Gettysburg Member, LLC (f/k/a CBL Mezz Member, LLC)	CBL & Associates HoldCo II, LLC		100	%
CBL Grandview Forum, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Hamilton Place Sears OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Hanes Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%

¹	Various other owners with partnership interests totaling 1.94681% 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.


Company Name	Owner	Percentage
CBL Harford Mall Annex PropCo, LLC	CBL Outparcel HoldCo, LLC		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 HoldCo II, LLC		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 Jacksonville Regal Cinema Mgmt PropCo, LLC	CBL Management HoldCo, LLC		100	%
CBL Jarnigan HoldCo, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Jefferson Mall Self Dev PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Kirkwood Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Landing at Arbor Place OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Laredo Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Laurel Park Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Layton Hills OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Lebcon HoldCo LP, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Lebcon HoldCo, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Lebcon I HoldCo LP, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Lebcon I HoldCo, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
CBL Louisville Outparcel Member, LLC	CBL & Associates Management, Inc.		100	%
CBL Management HoldCo, LLC	CBL & Associates Management, Inc.		100	%
CBL Mayfaire Hotel Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Mayfaire Town Center OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Mayfaire Town Center OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Member-Mansfield, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Meridian Mall OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Meridian Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Meridian Mall Township PropCo, LLC	CBL Management HoldCo, LLC		100	%
CBL Mid Rivers Land OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Mid Rivers Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Monroeville Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Morristown, LTD.	Mortgage Holdings, LLC		0.1	%
	CBL & Associates HoldCo II, LLC		99.9	%
CBL Northpark Mall OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Northpark Mall OP PropCo III, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Northpark Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Old Hickory Mall, Inc.	CBL & Associates Management, Inc.		100	%
CBL Outparcel HoldCo, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Parkdale Mall Corner OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Parkdale Mall Corner Tract 4 PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Pearland Town Center OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Pearland Town Center OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Port Orange Holdings II Mgmt OP PropCo, LLC	CBL Management HoldCo, LLC		100	%
CBL Post Oak Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL RM-Waco, LLC	CBL & Associates HoldCo I, LLC		100	%
CBL Shops at Eastgate PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%


Company Name	Owner	Percentage
CBL SM-Brownsville, LLC	CBL & Associates HoldCo I, LLC		100	%
CBL South County Center OP PropCo II, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL South County Center OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Southaven Towne Center OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL St. Clair Square OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Statesboro Member, LLC	CBL & Associates HoldCo II, LLC		75.28	%
	CBL & Associates Management, Inc.		24.72	%
CBL Sunrise Commons PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Terrace HoldCo, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Terrace Limited Partnership	CBL/GP V, Inc.		1	%
	CBL Terrace HoldCo, LLC		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 HoldCo II, LLC		100	%
CBL TTC Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Valley View Mall OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Walden Park, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL West Towne Crossing OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Westgate Crossing PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL Woodstock Investments Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Woodstock Member, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL Woodstock Outparcel Member, LLC	CBL & Associates Management, Inc.		100	%
CBL York Galleria OP PropCo, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL/BFW Kiosks, LLC	CBL & Associates Management, Inc.		100	%
CBL/Brookfield I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Brookfield II, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Cary I, LLC	CBL/J I, LLC		100	%
CBL/Cary II, LLC	CBL/J I, LLC		100	%
CBL/Cherryvale I, LLC	CBL Outparcel HoldCo, LLC		100	%
CBL/Citadel I, LLC	CBL/J I, LLC		100	%
CBL/Citadel II, LLC	CBL/J I, LLC		100	%
CBL/Columbia I, LLC	CBL/J I, LLC		100	%
CBL/Columbia II, LLC	CBL/J I, 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 IV, 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 Outparcel HoldCo, LLC		100	%


Company Name	Owner	Percentage
CBL/High Pointe GP, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Huntsville, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Imperial Valley GP, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/J I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/J II, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Kentucky Oaks, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Kirkwood Mall, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Lion’s Head Village, LLC	Henderson Square Limited Partnership		100	%
CBL/Low Limited Partnership	CBL & Associates HoldCo II, LLC		99	%
	Multi-GP Holdings, LLC		1	%
CBL/Madison I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Madison II, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Midland I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Midland II, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Monroeville Expansion I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Monroeville Expansion II, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Monroeville Expansion III, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
CBL/Monroeville II, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Monroeville III, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		50	%
	CBL & Associates Management, Inc.		50	%
CBL/MSC II, LLC	CBL & Associates Management, Inc.		100	%
CBL/MSC, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Nashua Limited Partnership	CBL & Associates HoldCo II, LLC		99.92	%
	Mortgage Holdings, LLC		0.08	%
CBL/Old Hickory I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Old Hickory II, LLC	CBL & Associates HoldCo 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 HoldCo II, LLC		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 HoldCo II, LLC		100	%
CBL/Parkdale, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Penn Investments, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Regency I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Regency II, LLC	CBL/J II, LLC		100	%
CBL/Richland G.P., LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Stroud, Inc.	CBL & Associates Management, Inc.		100	%
CBL/Sunrise Commons GP, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Sunrise Commons, L.P.	CBL/Sunrise Commons GP, LLC		0.5	%
	CBL & Associates HoldCo II, LLC		99.5	%


Company Name	Owner	Percentage
CBL/Sunrise GP, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Sunrise Land, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/Sunrise XS Land, L.P.	CBL/Sunrise Land, LLC		0.5	%
	CBL & Associates HoldCo II, LLC		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	CBL & Associates HoldCo I, LLC		100	%
CBL/Westmoreland II, LLC	CBL & Associates HoldCo I, 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 HoldCo II, LLC		100	%
CBL/York Town Center, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL/York, Inc.	CBL & Associates Management, Inc.		100	%
CBL-840 GC, LLC	CBL Management HoldCo, LLC		100	%
CBL-BA Building, LLC	CBL-TRS Joint Venture, LLC		100	%
CBL-D’Iberville Member, LLC	CBL & Associates HoldCo II, LLC		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-Offices at Friendly, LLC	CBL-TRS Joint Venture, LLC		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-TRS Joint Venture II, LLC	CBL-TRS Member II, LLC		50	%
	TR CBL-TRS II, LLC		50	%
CBL-TRS Joint Venture, LLC	CBL-TRS Member I, LLC		50	%
	TR CBL-TRS I, LLC		50	%
CBL-TRS Member I, LLC	CBL & Associates HoldCo II, LLC		100	%
CBL-TRS Member II, LLC	CBL & Associates HoldCo II, LLC		100	%
Charleston Joint Venture	CBL/Citadel I, LLC		74.5	%
	CBL/Citadel II, LLC		25.5	%
Cherryvale Mall, LLC	CBL & Associates HoldCo I, LLC		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 HoldCo II, LLC		100	%
CHM/Akron, LLC	CW Joint Venture, LLC		100	%
Citadel Mall CMBS, LLC	Charleston Joint Venture		100	%
Citadel Mall DSG, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
Cobblestone Village at St. Augustine, LLC	CBL & Associates HoldCo II, LLC		100	%


Company Name	Owner	Percentage
College Station Partners, Ltd.	Mortgage Holdings, LLC		0.1	%
	CBL & Associates HoldCo II, LLC		99.9	%
Columbia Joint Venture	CBL/Columbia I, LLC		79	%
	CBL/Columbia II, LLC		21	%
Columbia Place/Anchor, LLC	CBL & Associates HoldCo II, LLC		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 CoolSprings Crossing HoldCo GP, LLC		1	%
	CBL Outparcel HoldCo, LLC		99	%
Coolsprings GL Parcel, LLC	CBL/T-C, LLC		100	%
Coolsprings Mall, LLC	CBL/T-C, LLC		100	%
Cross Creek Anchor S GP, LLC	CBL Outparcel HoldCo, LLC		100	%
Cross Creek Anchor S, LP	Cross Creek Anchor S GP, LLC		0.5	%
	CBL Outparcel HoldCo, LLC		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 HoldCo II, LLC		100	%
Crossings at Marshalls Creek II LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
CVPC-Lo, LLC	CBL & Associates Management, Inc.		100	%
CVPC-Outparcels, LLC	CBL & Associates Management, Inc.		100	%
CW Joint Venture, LLC	CBL & Associates HoldCo II, LLC		81.99 common	%
	Arbor Place Limited Partnership		18.01 common	%
Dakota Square Mall CMBS, LLC	CBL & Associates HoldCo II, LLC		100	%
Dallan Acquisitions, LLC	Evin Acquisitions, LLC		100	%
Deco Mall, LLC	CBL & Associates HoldCo II, LLC		100	%
Development Options Centers, LLC	CBL & Associates HoldCo II, LLC		100	%
Development Options, Inc.	CBL & Associates Management, Inc.		100	%
Development Options/Cobblestone, LLC	CBL & Associates HoldCo II, LLC		100	%
D’Iberville CBL Land, LLC	CBL Outparcel HoldCo, LLC		100	%
DM-Cayman II, Inc.	Deco Mall, LLC		100	%
DM-Cayman, Inc.	Deco Mall, LLC		100	%
Dunite Acquisitions, LLC	CBL & Associates HoldCo II, LLC		100	%
East Towne Parcel I, LLC	CBL Outparcel HoldCo, LLC		100	%
Eastgate Anchor S, LLC	CBL & Associates HoldCo II, LLC		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 Outparcel HoldCo, LLC		100	%
Eastland Holding I, LLC	CBL & Associates Management, Inc.		0.5	%
	CBL & Associates HoldCo II, LLC		99.5	%

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


Company Name	Owner	Percentage
Eastland Holding II, LLC	CBL & Associates Management, Inc.		0.5	%
	CBL & Associates HoldCo II, LLC		99.5	%
Eastland Mall, LLC	Eastland Member, LLC		100	%
Eastland Medical Building, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
Fashion Square Mall CMBS, LLC	JG Saginaw, LLC		100	%
Fashion Square-Orange Park, LLC	CBL & Associates HoldCo II, LLC		100	%
Fayette Development Property, LLC	CBL & Associates HoldCo II, LLC		100	%
Fayette Mall SPE, LLC	Lexington Joint Venture		100	%
Fayette Middle Anchor, LLC	Lexington Joint Venture		100	%
Fayette Plaza CMBS, LLC	CBL Outparcel HoldCo, LLC		100	%
FHP Expansion GP I, LLC	CBL & Associates HoldCo II, LLC		100	%
FHP Expansion GP II, LLC	CBL & Associates HoldCo II, LLC		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	Frontier Mall II, LLC		99.9	%
	CBL & Associates HoldCo I, LLC		0.1	%
Frontier Mall II, LLC	CBL & Associates HoldCo I, 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	%
	Individual Retirement Account of Thomas Berlin, Equity Trust Company, custodian		1.0987	%
	Pleasant Lake-Skoien Investments, LLC		28.8426	%
	Horizon Group Properties, L.P.		19.0587	%


Company Name	Owner	Percentage
Gettysburg Outlet Center, LLC	CBL Gettysburg Member, LLC		50	%
	Individual Retirement Account of Thomas Berlin, Equity Trust Company, custodian		1.0987	%
	Pleasant Lake-Skoien Investments, LLC		28.8426	%
	Horizon Group Properties, L.P.		19.0587	%
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 HoldCo II, LLC		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 Outparcel HoldCo, LLC		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 Outparcel HoldCo, LLC		100	%
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 HoldCo II, LLC		54.29	%
	CBL & Associates Management, Inc.		45.71	%
Hanes Mall Parcels, LLC (f/k/a Hanes Mall DSG, LLC)	CBL Outparcel HoldCo, LLC		100	%
Harford Mall Business Trust	CBL/Nashua Limited Partnership		100	%
Henderson Square Limited Partnership	CBL/ GP, Inc.		0.42	%
	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		99	%
Hickory Hollow Mall, Inc.	CBL & Associates Management, Inc.		100	%
Hickory Hollow/SB, LLC	CBL & Associates HoldCo II, LLC		100	%
Hickory Point Outparcels, LLC	CBL Management HoldCo, LLC		100	%
Hickory Point, LLC	CBL & Associates HoldCo II, LLC		100	%
Hickory Point-OP Outparcel, LLC	CBL & Associates HoldCo II, LLC		100	%
Hixson Mall, LLC	CBL & Associates HoldCo I, LLC		100	%
Honey Creek Mall Member SPE, LLC	CBL & Associates HoldCo II, LLC		100	%
Honey Creek Mall, LLC	Honey Creek Mall Member SPE, LLC		100	%


Company Name	Owner	Percentage
Huckleberry Place, LLC	CBL & Associates HoldCo II, LLC		100	%
Hwy 287 & Broad Street, LLC	CBL/CREA Broad Street, LLC		100	%
Imperial Valley Commons, L.P.	IV Commons, LLC		1	%
	CBL Outparcel HoldCo, LLC		99	%
Imperial Valley Mall GP, LLC	CBL & Associates HoldCo I, LLC		100	%
Imperial Valley Mall II, L.P.	Imperial Valley Mall GP, LLC		0.5	%
	CBL & Associates HoldCo I, LLC		99.5	%
Imperial Valley Mall, L.P.	CBL/Imperial Valley GP, LLC		1	%
	CBL & Associates HoldCo II, LLC		99	%
Imperial Valley Peripheral, L.P.	IV Outparcels, LLC		1.5	%
	CBL Management HoldCo, LLC		98.5	%
IV Commons, LLC	CBL Outparcel HoldCo, LLC		100	%
IV Outparcels, LLC	CBL Management HoldCo, LLC		100	%
Janesville Mall Limited Partnership	Janesville Wisconsin, Inc.		1	%
	CBL & Associates HoldCo II, LLC		99	%
Janesville Wisconsin, Inc.	CBL & Associates Management, Inc.		100	%
Jarnigan Road II, LLC	CBL Center HoldCo, LLC		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 Jarnigan HoldCo, LLC		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 Outparcel HoldCo, LLC		100	%
Jefferson Anchor S, LLC	CBL Outparcel HoldCo, LLC		100	%
Jefferson Mall CMBS, LLC	Jefferson Mall Company II, LLC		100	%
Jefferson Mall Company II, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
JG Saginaw, LLC	CBL/J II, LLC		99.5	%
	JG Saginaw II, LLC		0.5	%
JG Winston-Salem, LLC	CBL & Associates HoldCo I, LLC		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	CBL & Associates HoldCo I, LLC		100	%
Kirkwood Mall Mezz LLC	CBL/Kirkwood Mall, LLC		100	%
Lakeshore/Sebring Limited Partnership	CBL & Associates HoldCo II, LLC		99.9	%
	Mortgage Holdings, LLC		0.1	%
Lakeview Pointe, LLC	CBL & Associates HoldCo II, LLC		100	%
Laredo Outlet JV, LLC	CBL Laredo Member, LLC		65	%
	El Portal Center LLC		35	%
	Lawrence A. Friedman		0	%


Company Name	Owner	Percentage
Laredo Outlet Shoppes, LLC	Laredo Outlet JV, LLC		100	%
Laredo/MDN II Limited Partnership	MDN/Laredo GP II, LLC		0.5	%
	CBL & Associates HoldCo II, LLC		99.5	%
Laurel Park Retail Holding LLC	CBL & Associates HoldCo II, LLC		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 HoldCo I, LLC		100	%
LeaseCo, Inc.	CBL & Associates Management, Inc.		100	%
Lebcon Associates	CBL Lebcon HoldCo, LLC		1	%
	CBL Lebcon HoldCo LP, LLC		89	%
	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 Lebcon I HoldCo LP, LLC		91	%
	CBL Lebcon I HoldCo, LLC		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 Outparcel HoldCo, LLC		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	%
Madison Grandview Forum, LLC	CBL Grandview Forum, LLC		75	%
	Madison Grandview Development Company, LLC		25	%
Madison Joint Venture, LLC	CBL Outparcel HoldCo, LLC		100	%
Madison Malls Ground, LLC	CBL & Associates HoldCo I, LLC		100	%
Madison OP Outparcel Ground, LLC	CBL Outparcel HoldCo, LLC
Madison Plaza Associates, Ltd.	CBL & Associates HoldCo II, LLC		99.9	%
	CBL/Huntsville, LLC		0.1	%
Madison Square Associates, Ltd.	CBL & Associates HoldCo II, LLC		99.9	%
	CBL/Huntsville, LLC		0.1	%
Madison/East Towne, LLC	Madison Malls Ground, LLC		100	%
Madison/West Towne, LLC	Madison Malls Ground, LLC		100	%
Mall Del Norte, LLC	CBL & Associates HoldCo I, LLC		100	%
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	%


Company Name	Owner	Percentage
	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/Cary I, LLC		50.56	%
	C & W Manhattan Associates		35	%
	Charles B. Carpenter		14.44	%
Maryville Department Store Associates, Ltd.	Mortgage Holdings, LLC		0.1	%
	CBL & Associates HoldCo II, LLC		99.9	%
Maryville Partners, L.P.	Tenn-GP Holdings, LLC		1	%
	CBL & Associates HoldCo II, LLC		99	%
Mayfaire GP, LLC	CBL & Associates HoldCo I, LLC		100	%
Mayfaire Town Center, LP	Mayfaire GP, LLC		1	%
	CBL & Associates HoldCo I, LLC		99	%
MDN/Laredo GP II, LLC	CBL & Associates HoldCo II, LLC		100	%
MDN/Laredo GP, LLC	CBL & Associates HoldCo II, LLC		100	%
Meridian Mall CMBS, LLC	CBL & Associates HoldCo II, LLC		100	%
Meridian Mall Company, Inc.	CBL & Associates Management, Inc.		100	%
Meridian Mall Limited Partnership	CBL Outparcel HoldCo, LLC		1	%
	CBL & Associates HoldCo II, LLC		99	%
Mid Rivers Land LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		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 HoldCo II, LLC		99	%
Mortgage Holdings II, LLC	Mortgage Holdings, LLC		100	%
Mortgage Holdings, LLC	CBL & Associates HoldCo II, LLC		100	%
Multi-GP Holdings, LLC	CBL & Associates HoldCo II, LLC		100	%
Newco Mortgage, LLC	CBL & Associates Management, Inc.		100	%
NewLease Corp.	CBL & Associates Management, Inc.		100	%
North Charleston Joint Venture II, LLC	CBL & Associates HoldCo II, LLC		100	%
Northgate SAC, LLC	CBL Outparcel HoldCo, LLC		100	%
Northpark Mall/Joplin, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		99.5	%
Oak Park Holding II, LLC	CBL & Associates Management, Inc.		0.5	%
	CBL & Associates HoldCo II, LLC		99.5	%
Oak Park Mall, LLC	CBL/T-C, LLC		100	%
OK City JV, LLC	OK City Member, LLC		75	%
	Horizon OK City Outlets, LLC		25	%
OK City Member, LLC	CBL & Associates HoldCo II, LLC		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	%


Company Name	Owner	Percentage
Old Hickory Mall Venture II, LLC	Old Hickory Mall Venture		100	%
Panama City Peripheral, LLC	CBL & Associates HoldCo II, LLC		100	%
Park Plaza Mall CMBS, LLC	CBL/Park Plaza Mall, LLC		100	%
Parkdale Anchor M, LLC	CBL Outparcel HoldCo, LLC		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 HoldCo II, LLC		99.9	%
Parkdale Mall Associates, L.P.	CBL/Parkdale, LLC		0.05	%
	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		2	%
	CBL & Associates HoldCo II, LLC		49	%
	Dunite Acquisitions, LL		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 HoldCo I, LLC		100	%
Pearland Town Center Hotel/Residential⁴ Condominium Association, Inc.	Pearland Ground, LLC		60	%
	CAF Capital Partners, LLC		40	%
Pearland Town Center Limited Partnership	Pearland Town Center GP, LLC		0.5	%
	CBL & Associates HoldCo I, LLC		99.5	%
Pearland-OP Parcel 8, LLC	CBL Outparcel HoldCo, LLC		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 HoldCo I, LLC		100	%
Port Orange Holdings II, LLC	CBL & Associates Management, Inc.		100	%
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	%
PPG Venture I LP	PPG I, LLC		0.5	%
	PPG II, LLC		89.5	%
	Willowbrook Plaza Limited Partnership		10	%
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	%

⁴	Pearland Ground, LLC has 3 votes, and the owner of the hotel and residences have 2 votes.

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


Company Name	Owner	Percentage
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, Inc.	CBL & Associates Management, Inc.		100	%
Seacoast Shopping Center Limited Partnership	CBL & Associates HoldCo II, LLC		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	CBL Outparcel HoldCo, LLC		100	%
Shoppes at St. Clair Square, LLC	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		100	%
Southaven Towne Center II, LLC	CBL & Associates HoldCo I, LLC		100	%
Southaven Towne Center, LLC	CBL Outparcel HoldCo, LLC		100	%
Southpark Mall CMBS, LLC	Southpark Mall, LLC		100	%
Southpark Mall, LLC	Seacoast Shopping Center Limited Partnership		100	%
Southpark Mall-DSG, LLC	CBL Outparcel HoldCo, LLC		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 HoldCo II, LLC		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	CBL & Associates HoldCo II, LLC		100	%
Statesboro Crossing, LLC	ESR Statesboro, LLC		50	%
	CBL Statesboro Member, LLC		50	%
Stroud Mall, LLC	CBL & Associates HoldCo II, LLC		99	%
	CBL/Stroud, Inc.		1	%
SubREIT Investor-Boston General Partnership	SubREIT Investor-Boston GP I, LLC		90	%
	CBL & Associates HoldCo II, LLC		10	%
SubREIT Investor-Boston GP I, LLC	CBL & Associates HoldCo II, LLC		100	%
Sutton Plaza GP, Inc.	CBL & Associates Management, Inc.		100	%
Tenn-GP Holdings, LLC	CBL Outparcel HoldCo, LLC		100	%
The Courtyard at Hickory Hollow Limited Partnership	Tenn-GP Holdings, LLC		1	%
	CBL Outparcel HoldCo, LLC		99	%
The Galleria Associates, L.P.	CBL CoolSprings Crossing HoldCo GP, LLC		99.9	%
	CBL & Associates HoldCo II, LLC		0.1	%
The Lakes Mall, LLC	CBL & Associates HoldCo II, LLC		100	%
The Landing at Arbor Place II, LLC	CBL Outparcel HoldCo, LLC		100	%
The Pavilion at Port Orange, LLC (f/k/a The Hammock at Port Orange, LLC)	CBL & Associates HoldCo II, LLC		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	%


Company Name	Owner	Percentage
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 HoldCo II, LLC		100	%
The Village at Rivergate, Inc.	CBL & Associates Management, Inc.		100	%
TN-Land Parcels, LLC (f/k/a FHM Anchor, LLC)	CBL Outparcel HoldCo, LLC		100	%
Triangle Town Center, LLC	Triangle Town Member, LLC		100	%
Triangle Town Member, LLC	CBL Triangle Town Member, LLC		100	%
Turtle Creek GP, LLC	CBL & Associates HoldCo I, LLC		100	%
Turtle Creek Limited Partnership	Turtle Creek GP LLC		99.9	%
	CBL & Associates HoldCo I, LLC		0.1	%
TX-Land Parcels, LLC	CBL Outparcel HoldCo, LLC		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	CBL & Associates HoldCo I, LLC		100	%
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	%
	CBL & Associates HoldCo II, 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 Outparcel HoldCo, LLC		100	%
Volusia-OP Peripheral, LLC	CBL Outparcel HoldCo, LLC		100	%
Walnut Square Associates Limited Partnership	CBL & Associates HoldCo II, LLC		99.9	%
	Mortgage Holdings, LLC		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	%
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 Outparcel HoldCo, LLC		100	%
Westgate Crossing Limited Partnership	Multi-GP Holdings, LLC		1	%
	CBL & Associates HoldCo II, LLC		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 HoldCo II, LLC		99	%
WI-Land Parcels, LLC	Madison OP Outparcel Ground, LLC		100	%
Wilkes-Barre Marketplace GP, LLC	CBL & Associates HoldCo II, LLC		100	%

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


Company Name	Owner	Percentage
Wilkes-Barre Marketplace I, LLC	CBL & Associates HoldCo II, LLC		100	%
Wilkes-Barre Marketplace, L.P.	Wilkes-Barre Marketplace GP, LLC		1	%
	CBL & Associates HoldCo II, LLC		99	%
Willowbrook Plaza Limited Partnership (f/k/a Portland/HQ Limited Partnership)	Multi-GP Holdings, LLC		1	%
	CBL & Associates HoldCo II, LLC		99	%
WMTC Peripheral, LLC	West Melbourne Town Center, LLC		100	%
WNC Shopping Center, LLC	CBL & Associates HoldCo II, LLC		100	%
WPMP Holding LLC	CBL & Associates HoldCo II, LLC		100	%
York Galleria Limited Partnership	CBL/York, Inc.		1	%
	CBL & Associates HoldCo II, LLC		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	%