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Malls OK if owner files Chapter 11 debt fears loom
General Growth Properties faces 1.13 billion due in debt refinancing challenges with 900 million secured mortgage debts and 3.07 billion due next year. Coral Ridge Mall Jordan Creek Town Center and other GGP properties would operate normally during reorganization with leases intact.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Coralville
Coral Ridge Mall
General Growth Properties
Securities and Exchange Commission
Real Estate Investment Trust
Jordan Creek Town Center
West Des Moines
Las Vegas
Coral Ridge
Jordan Creek
U.S
General Growth
Westdale
Cedar Rapids
Simon Property Group Inc
Australia
Westfield Group
W George
Ford
Gazcomm.com