The Copper Property CTL Pass Through Trust has publicly posted its estimated Federal income tax information for 2024, providing investors with preliminary financial insights. The trust anticipates finalizing and presenting complete tax documentation no later than March 31, 2025.
Established following J.C. Penney’s Chapter 11 reorganization, the trust currently owns 160 retail properties and 6 warehouse distribution centers. Its primary operational objective remains the strategic sale of these properties to third-party purchasers as expeditiously as possible.
Managed externally by an affiliate of Hilco Real Estate LLC and administered by GLAS Trust Company LLC, the trust is structured to be treated as a liquidating trust for tax purposes under United States Treasury Regulation guidelines. Investors can access the estimated tax information through the trust’s [**website**](https://www.ctltrust.net/investors/tax-information).
The trust emphasizes that the provided information should not be construed as direct tax advice. Certificateholders are strongly encouraged to consult with personal tax advisors to understand the specific tax implications of the trust’s distributions.
Forward-looking statements in the trust’s release acknowledge potential risks and uncertainties that could impact future performance. These statements, subject to various external factors, reflect the trust’s current expectations and projections regarding its operations and financial trajectory.
Potential investors and current certificateholders should carefully review the trust’s regulatory filings, including its Registration Statement on Form 10 submitted to the Securities and Exchange Commission, to gain comprehensive insights into potential risks and opportunities.
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