A year after a $238.8 million loan for a portion of the Fair Oaks Mall in Northern Virginia went into default for not paying off at its due date, a new manager for the property has secured a long-term extension.
Taubman Loses Control of Fair Oaks Mall in Northern Virginia
Former Partner Olshan Takes Ownership, Arranges Long-Term Loan Extension
CoStar News
April 12, 2024 | 8:21 P.M.
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IN THIS ARTICLE
- Properties
- Fair Oaks Mall
11750 Fair Oaks Mall, Fairfax, VA
- Companies
- Olshan Properties
Real Estate
- The Taubman Company LLC
Real Estate
- Simon Property Group, Inc.
Real Estate
- Contacts
- Zachary Bornstein
President, Olshan Properties