by admin Published: July 12,2010
Shopping mall owner General Growth Properties Inc., parent of Chapel Hills Mall in Colorado Springs, said it is getting a $500 million infusion from a Texas teachers’ pension fund to help it emerge from bankruptcy. The Chicago developer said The Teacher Retirement System of Texas will receive shares priced at $10.25 each in the reorganized [...] [...]
by Associated Press Published: April 16,2009
LOS ANGELES (AP) – General Growth Properties Inc., the nation’s second-largest mall operator and owner of the Chapel Hills Mall in Colorado Springs, filed for Chapter 11 bankruptcy protection this morning. The company failed to persuade a majority of its debt holders to give it more time to refinance billions of dollars in debt racked [...] [...]
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