Thousands of U.S. retail store closings have lenders, landlords and mortgage investors anxious about the fate of large mall loans coming due. Two recent deals — one loan refinancing and one loan modification in the past month — suggest widespread defaults are not imminent.
Two Recent Loan Deals Suggest Shopping Mall Owners Still Have Room to Maneuver
Simon's Posh The Westchester Lands $400 Million Refinancing; Washington Prime Secures Loan Extension for The Mall at Johnson City
CoStar News
February 6, 2020 | 3:05 P.M.
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IN THIS ARTICLE
- Properties
- The Mall At Johnson City
2011 Roan St, Johnson City, TN
- The Westchester
125 Westchester Ave, White Plains, NY
- Companies
- Washington Prime Group Inc.
Real Estate