Copper Property CTL Pass Through Trust has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2024, detailing the ongoing liquidation of properties previously owned by J.C. Penney. The trust, established during J.C. Penney's Chapter 11 reorganization, currently holds 160 retail properties and 6 warehouse distribution centers.
The trust's primary objective remains selling these properties to third-party purchasers as efficiently as possible. Managed by an affiliate of Hilco Real Estate LLC and administered by GLAS Trust Company LLC, the trust is structured as a liquidating trust for tax purposes.
Investors and stakeholders can review the detailed financial information during a live conference call scheduled for March 11, 2025, at 11:00 am CDT. The call will provide an opportunity to discuss the trust's financial and operational results for the past year.
The annual report offers crucial insights into the trust's asset disposition strategy, financial performance, and progress in managing the portfolio of properties acquired during J.C. Penney's restructuring. Potential investors and market analysts can access the full report and additional SEC filings through the trust's website.
