Cousins Properties (CUZ) risk factors, FY2024 10-K

Other

1. 01Our ownership of commercial real estate involves a number of risks, the effects of which could adversely affect our business
2. 02results of operations and cash flows to the extent that they result in reduced rental rates, additional capital improvements, or allowances paid to, or on behalf of, the tenants
3. 03Compliance or failure to comply with the Americans with Disabilities Act or other federal, state, and local regulatory requirements could result in substantial costs
4. 04Any additional indebtedness incurred may have a material adverse effect on our financial condition and results of operations
5. 05Covenants contained in our Credit Facility, senior unsecured notes, term loans, and mortgages could restrict our operational flexibility, which could adversely affect our results of operations
6. 06Our degree of leverage could limit our ability to obtain additional financing or affect the market price of our securities
7. 07Adverse changes to our credit ratings could limit our access to funding and increase our borrowing costs
8. 08We face risks associated with operating property acquisitions
9. 09We face risks associated with the development of real estate
10. 10Our investments in real estate debt face prepayment risk and interest rate fluctuations that may adversely affect our results of operations and financial condition
11. 11We will face risks related to our investments in mezzanine loans
12. 12The mortgage loans in which we may invest are subject to delinquency, foreclosure, and loss, which could result in losses to us
13. 13property, including any operating shortfalls and significant capital expenditures, could materially and adversely affect our results of operations, financial conditions, and liquidity
14. 14Any failure to continue to qualify as a REIT for federal income tax purposes could have a material adverse impact on us and our stockholders
15. 15Certain property transfers may be characterized as prohibited transactions
16. 16Recent changes to the U.S. tax laws could have an adverse impact on our business operations, financial condition, and earnings
17. 17We may face risks in connection with Section 1031 Exchanges
18. 18Our business could be adversely impacted if we have deficiencies in our disclosure controls and procedures or internal control over financial reporting

General Risks

1. 19A pandemic, epidemic, or outbreak of a contagious disease could adversely affect us
2. 20We are dependent upon the services of certain key personnel, including members of the Board of Directors, the loss of any of whom could adversely impact our ability to execute our business
3. 21We may change our policies without obtaining the approval of our stockholders
4. 22Employee misconduct or misconduct by members of the Board of Directors could adversely impact our ability to execute our business
5. 23Our restated and amended articles of incorporation contain limitations on ownership of our stock, which may prevent a change in control that might otherwise be in the best interest of our stockholders
6. 24The market price of our common stock may fluctuate
7. 25If our future operating performance does not meet the projections of our analysts or investors, our stock price could decline
8. 26We face risks associated with security breaches through cyber attacks or cyber intrusions, as well as other significant disruptions of our information technology (IT) networks and related systems
9. 27Increased public attention to corporate responsibility matters may expose us to negative public perception, impose additional costs on our business, or impact our stock price