The divide between good malls and bad malls is about to widen even further.
popular belief, not all malls are dying. The highest quality shopping
centers are minting money as a dearth of high-end properties drives up
rents for the best locations. The Zombie Mall Apocalypse trope better
describes a much larger group of middling-to-poor malls that are, in
fact, in need of salvation -- or a wrecking ball.
are about to get even harder for the latter group of properties in the
coming year, as the bill comes due on a credit binge that began in the
heady, pre-financial-crisis days of 2006 and 2007.. . . more