Copper Property CTL Pass Through Trust Releases January 2025 Monthly Distribution Report

The Copper Property CTL Pass Through Trust has released its monthly financial reporting package for January 2025, detailing a distribution of $6.20 million to certificateholders, equating to $0.082711 per trust certificate. The distribution will be paid on February 10, 2025, to certificateholders of record as of February 7, 2025.

The Trust, which was established following J.C. Penney's Chapter 11 reorganization, currently owns 160 retail properties and 6 warehouse distribution centers. Its primary objective is to sell these properties to third-party purchasers in an expedient manner. The Trust is structured as a liquidating trust for tax purposes and is externally managed by an affiliate of Hilco Real Estate LLC.

The reported distribution is lower than typical monthly payments, primarily due to annual expenses incurred in January, including insurance and Trustee fees. Additionally, the Trust completed its required semi-annual Broker's Opinion of Value (BOV) assessments during the month, which may have influenced the financial reporting.

Investors and stakeholders can access detailed information, including monthly and quarterly reports, through the Trust's SEC filings. The Trust emphasizes that its financial statements and forward-looking statements are subject to various risks and uncertainties that could impact actual performance and achievements.