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Lenders Back Brookfield, Simon With $1 Billion in Mall Refinancings

Two Major US Property Owners Face $5 Billion in Retail Loan Maturities Next Year
Brookfield Property Partners secured $42 million in financing for Oakbrook Center in Oak Brook, Illinois, from Morgan Stanley. (CoStar)
Brookfield Property Partners secured $42 million in financing for Oakbrook Center in Oak Brook, Illinois, from Morgan Stanley. (CoStar)
CoStar News
November 30, 2020 | 11:03 P.M.

While Brookfield Property Partners and Simon Property Group have struggled to win backing for their poorest performing malls, they are having success refinancing some centers, lining up more than $1 billion this quarter.

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