Simon Property Group Inc. (NYSE:SPG) is buying out its joint venture partner's stake in 26 assets of The Mills LP in a transaction valued at $1.5 billion. The deal with Farallon Capital Management includes repayment of The Mills' senior loan facility and mezzanine loan, and the retirement of preferred stock.
Simon Spends Billions Buying Out JV Partner in 26 U.S. Malls; Jumping into Europe
CoStar News
March 14, 2012 | 7:15 P.M.
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