<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001698266</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0000910612</issuerCik>
<issuerName>CBL &amp; ASSOCIATES PROPERTIES, INC.</issuerName>
<secFileNumber>001-12494</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">2030 Hamilton Place Blvd., Suite 500</street1>
<city xmlns="http://www.sec.gov/edgar/common">Chattanooga</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">TN</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">37421-6000</zipCode>
</issuerAddress>
<issuerContactPhone>423-855-0001</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Reinsmidt Kathryn A.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Officer</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Morgan Stanley</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">One New York Plaza, 8th Floor</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10004</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>17515</noOfUnitsSold>
<aggregateMarketValue>1017797</aggregateMarketValue>
<noOfUnitsOutstanding>30942757</noOfUnitsOutstanding>
<approxSaleDate>08/18/2026</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>12/15/2021</acquiredDate>
<natureOfAcquisitionTransaction>3,448 shares were acquired on the date indicated through an equity award under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>3448</amountOfSecuritiesAcquired>
<paymentDate>12/15/2024</paymentDate>
<natureOfPayment>Vesting of equity award under Issuer's registered 2021 Equity Incentive Plan</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>02/07/2024</acquiredDate>
<natureOfAcquisitionTransaction>2,125 shares were acquired on the date indicated through an equity award under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>2125</amountOfSecuritiesAcquired>
<paymentDate>02/07/2025</paymentDate>
<natureOfPayment>Vesting of equity award under Issuer's registered 2021 Equity Incentive Plan</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>02/16/2022</acquiredDate>
<natureOfAcquisitionTransaction>11,738 shares were acquired on the date indicated through an equity award under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>11738</amountOfSecuritiesAcquired>
<paymentDate>12/31/2024</paymentDate>
<natureOfPayment>Vesting of equity award under Issuer's registered 2021 Equity Incentive Plan</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>11/01/2021</acquiredDate>
<natureOfAcquisitionTransaction>204 shares are New Common Stock received on 11/1/2021 under the Issuer's Chapter 11 reorganization, in exchange for old Common Stock acquired through multiple DRIP reinvestments and vesting of equity comp. awards on dates from 5/16/2006 through 11/1/2021.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>204</amountOfSecuritiesAcquired>
<paymentDate>11/01/2021</paymentDate>
<natureOfPayment>Exchange for old Common Stock under Issuer's Chapter 11 Plan.</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>08/18/2026</noticeDate>
<signature>/s/ Kathryn A. Reinsmidt</signature>
</noticeSignature>
</formData>
</edgarSubmission>
