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America’s Dying Shopping Malls Have Billions in Debt Coming Due
06-17-2016, 03:10 PM,
#1
America’s Dying Shopping Malls Have Billions in Debt Coming Due
America’s Dying Shopping Malls Have Billions in Debt Coming Due

Suburban Detroit’s Lakeside Mall, with mid-range stores such as Sears, Bath & Body Works and Kay Jewelers, is one of the hundreds of retail centers across the U.S. being buffeted by the rise of e-commerce. After a $144 million loan on the property came due this month, owner General Growth Properties Inc. didn’t make the payment.


http://davidstockmanscontracorner.com/am...oming-due/
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