Brookfield Property Partners will reportedly miss its deadline to pay off $282 million in outstanding debt on Virginia’s Tysons Galleria mall after the commercial mortgage-backed securities loan was sent to its special servicer. The loan on the high-end mall, set to mature on Sept. 1, was moved to special servicing for imminent default, according to the Washington Business Journal, which cited multiple ratings agencies. A Brookfield spokesperson told the news outlet that the company “does
source https://therealdeal.com/2020/09/02/brookfield-falls-behind-on-d-c-area-mall-debt-does-not-expect-default/
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