Mall owner General Growth Properties on Thursday won a judge’s approval for the final mortgage restructuring in its massive bankruptcy case, extending by four years the due date of a formerly contentious loan from lenders led by Citigroup. US Bankruptcy Judge Allan Gropper approved the restructuring of a $95m mortgage on the Oakwood Center mall in the New Orleans suburb of Gretna, La.
General Growth wins judge’s approval for mortgage restructuring
Most Popular Articles
Latest Articles
11 real estate events & conferences to help you thrive in 2024
Forge new connections at these in-person events and conferences that can help take your career to the next level.
-
In quest to grow reverse business, US Mortgage Corporation hires Krajewski
-
NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions
-
Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com
-
Reverse-centric Ibis Software appoints Sivori to board of directors
-
Clear Capital extends its partnership with Cherre