Tuesday, August 25, 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