New lender close to bailing out Tri-County Mall developers
'This is the first time a lender has looked seriously at doing something with us since we started looking.'
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'This is the first time a lender has looked seriously at doing something with us since we started looking.'
The developers who bought Tri-County Mall with plans for a $1.3 billion mixed-use conversion have agreed to sell it, according to court filings.
The owners of Tri-County Mall are fighting to retain control of the property after defaulting on their $28M loan.
The Hull Property Group announced Tuesday they have acquired the shopping center, with an aim to reimagine the space.
A new site plan shows major changes for the $1 billion quest to convert the former Tri-County Mall into an amenity-rich apartment community.