An Israeli court-appointed receiver has signed off on a $550 million commercial mortgage-backed securities loan modification that gives five troubled U.S. malls a chance for a rebound without the threat of foreclosure as the nation's retail sales pick up.
Five US Starwood Malls Get Four-Year Loan Reprieve as Nation's Retail Sales Pick Up
Israeli Court-Appointed Receiver Approves Modification on $500 Million in Default
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