Wednesday, August 26, 2020

Mall of America misses another mortgage payment, enters forbearance agreement

 CSA
After having missed three mortgage payments, Mall of America’s collateral value has slipped from $2.3 billion to $1.9 billion, and it has entered into a forbearance agreement that would provide it with
enough 
cash to avoid foreclosure, according to a report in the Minneapolis StarTribune.. . . more

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