Copper Property CTL Pass Through Trust Finalizes 2024 Tax Documentation

The Copper Property CTL Pass Through Trust has officially published its final federal income tax information for the 2024 fiscal year, superseding previously released draft documentation. The trust, which was established following J.C. Penney's Chapter 11 reorganization, manages a portfolio of 160 retail properties and 6 warehouse distribution centers.

The released tax documentation, now available for download on the trust's website, represents the conclusive financial reporting for the year. While the numbers remain unchanged from the draft report issued in February 2025, the trust emphasizes that certificateholders should carefully review the information with their personal tax advisors.

Structured as a liquidating trust under United States Treasury Regulation, the trust's primary objective remains the strategic sale of its acquired properties to third-party purchasers. Managed externally by an affiliate of Hilco Real Estate LLC and administered by GLAS Trust Company LLC, the trust continues to navigate the complex process of divesting its real estate assets.

The tax documentation release provides crucial financial transparency for investors and stakeholders interested in the trust's ongoing liquidation process. As a vehicle created specifically to manage and ultimately sell properties from J.C. Penney's bankruptcy reorganization, the trust represents an important mechanism for resolving complex corporate restructuring challenges.

Investors and interested parties are advised to consult their personal tax professionals to understand the specific implications of the trust's tax documentation for their individual financial circumstances. The trust explicitly cautions against using the provided information as direct tax advice and recommends professional consultation.