The pandemic is nipping at the heels of Pennsylvania Real Estate Investment Trust, which said it is seeking a financial restructuring to avoid becoming the second U.S. REIT this year to announce it may seek Chapter 11 bankruptcy protection.
Breaking News
Pennsylvania REIT Says It Will Seek to Avoid Chapter 11 Bankruptcy Restructuring
Mall Owner Needs Consent From 20% of Its Lenders on Recapitalization Agreement
By Mark Heschmeyer, Jennifer Waters
CoStar NewsOctober 15, 2020 | 10:44 P.M.
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