Starwood Capital Group, whose affiliates have been abandoning their shopping center holdings over the past two years, has reached a deal with a lender to avoid the forced foreclosure of a struggling mall, setting up another possible sale.
Starwood Works Out Mall Loan Deal, Setting Up Latest Possible Sale
Affiliate Agrees To Repay Mezzanine Debt on Northwest Indiana’s Southlake, Split Future Proceeds With Lender
CoStar News
July 20, 2021 | 7:05 P.M.
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IN THIS ARTICLE
- Properties
- Southlake Mall
1890 Southlake Mall, Merrillville, IN