Home » Posts tagged with » General Growth Properties
Chapel Hills Mall parent gets $500M from teachers
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 [...]
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 [...]
Continue reading …
Loading ...
