The country’s biggest shopping mall is trying to stave off foreclosure after falling months behind on its $1.4 billion mortgage. Triple Five Group, which owns the Mall of America, has entered into a cash-management agreement with a special servicer, CWCapital Asset Management, according to the Star Tribune. Canada-based Triple Five began to fall behind on payments several months ago and the loan was transferred to special servicing in May. A representative reported that revenues had
source https://therealdeal.com/2020/08/20/mall-of-america-behind-on-mortgage-fights-foreclosure/
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