<?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>0001977476</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>Khalili Joseph</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Officer</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Charles Schwab Corporation</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">3000 Schwab Way</street1>
<city xmlns="http://www.sec.gov/edgar/common">Westlake</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">TX</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">76262</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>6763</noOfUnitsSold>
<aggregateMarketValue>364323</aggregateMarketValue>
<noOfUnitsOutstanding>30942757</noOfUnitsOutstanding>
<approxSaleDate>09/22/2026</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>12/15/2021</acquiredDate>
<natureOfAcquisitionTransaction>944 shares were acquired on the date indicated through an equity award of restricted stock under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>944</amountOfSecuritiesAcquired>
<paymentDate>12/15/2023</paymentDate>
<natureOfPayment>Vesting of equity award under Issuer's registered 2021 Equity Incentive Plan</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>12/15/2021</acquiredDate>
<natureOfAcquisitionTransaction>1,891 shares were acquired on the date indicated through an equity award of restricted stock under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>1891</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>623 shares were acquired on the date indicated through an equity award of restricted stock under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>623</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>2,723 shares were acquired through an equity award of performance stock units on the date indicated under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>2723</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>02/15/2023</acquiredDate>
<natureOfAcquisitionTransaction>582 shares were acquired on the date indicated through an equity award of restricted stock under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>582</amountOfSecuritiesAcquired>
<paymentDate>02/15/2025</paymentDate>
<natureOfPayment>Vesting of equity award under Issuer's registered 2021 Equity Incentive Plan</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>09/22/2026</noticeDate>
<signature>/s/ Joseph Khalili</signature>
</noticeSignature>
</formData>
</edgarSubmission>
