Loan restructuring negotiations on a package of five U.S. malls owned by affiliates of Starwood Capital Group have reached a make-or-break stage with an extension in sight but by no means guaranteed, a sign of the difficulty retail centers face as the pandemic drags on.
Shopping Center Loan Workout Shows the Uncertainty of Negotiating Retail Debt in a Pandemic
Court-Appointed Trustees, Managers, Lenders Struggle To Extend Loan on Five Starwood-Owned Malls
CoStar News
April 29, 2021 | 1:59 P.M.
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- Companies
- Pacific Retail Capital
Retailer