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Hutensky Group Buys Two Shopping Centers Anchored By Major Retailers in Suburban Illinois for $31.6M

Hutensky Group Buys Two Shopping Centers Anchored By Major Retailers in Suburban Illinois for $31.6M
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

Cook County , United States , Arlington Heights , Brad Hutensky , Hillside Town Center , Jackson National Life Insurance , Panda Express , Petco Animal Supplies Stores , Sterling Organization , Hutensky Group , Lincolnwood Town Center , Prairie Market East , Google Maps , Hutensky Capital Partners , Mannheim Road , Cook County Property , Palm Beach , Florida Based Sterling Organization , Retail Partners , Louis Joliet Mall , Prairie Market , Hutensky Group President Brad , சமைக்கவும் கவுண்டி , ஒன்றுபட்டது மாநிலங்களில் , ஆர்லிங்டன் உயரங்கள் , ஜாக்சன் தேசிய வாழ்க்கை காப்பீடு ,

Owner of malls in Chicago suburbs, nationwide files Chapter 11 bankruptcy

Owner of malls in Chicago suburbs, nationwide files Chapter 11 bankruptcy
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

Orland Park , United States , Countryside Plaza , Lake View Plaza , Lou Conforti , Advertisement Lincolnwood Town Center , Bloomingdale Court , Simon Property Group , Washington Prime Group , Brooks Brothers , Lincolnwood Town Center , Ohio Based Washington Prime , Washington Prime , Lake Plaza , East Coast , Town Center , Black Friday , Pioneer Press , ஒர்லண்ட் பூங்கா , ஒன்றுபட்டது மாநிலங்களில் , கிராமப்புறம் ப்லாஸ , ஏரி பார்வை ப்லாஸ , பூக்கும் நாள் , பூக்கும் நாள் நீதிமன்றம் , சிமோன் ப்ராபர்டீ குழு , வாஷிங்டன் ப்ரைம் குழு ,

Hope for North Riverside Park Mall, as Lincolnwood Town Center faces foreclosure

Lincolnwood Town Center
As one local mall faces foreclosure, another may have found a way to keep it at bay.
In Lincolnwood, a receiver has taken over the Lincolnwood Town Center after a loan trustee filed a $48.9 million foreclosure suit against the 423,000-square-foot property in February. The owner of the North Riverside Park Mall found itself in the same predicament last summer, on the receiving end of a foreclosure suit after defaulting on a $68 million mortgage.
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But the mall’s owner, the New York-based Feil Organization, may not lose the property to foreclosure after all. A loan servicer has “conditionally approved” an agreement to extend the maturity date of the loan, according to a public securities filing, a deal that could give Feil more breathing room and end the foreclosure case. ....

Lincolnwood Town Center , North Riverside Park Mall , லிங்கன்வுட் நகரம் மையம் , வடக்கு ஆற்றங்கரை பூங்கா மால் ,

Northbrook Court's lender may want to sell the shopping mall

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Northbrook Court’s turnaround plan, approved by the village in 2019, included 315 apartments, a grocery store and a food hall.
Northbrook Court was on the cusp of a comeback in December 2019, when crews began demolishing a shuttered Macy s department store there, a key early step in a $250 million makeover of the mall subsidized by the village of Northbrook.
The Macy s is long gone. A vast wall of exposed concrete where it attached to the mall offers one remaining visible trace. Banners proclaiming Great Things Are Coming and Exciting Things Underway hang on construction fencing surrounding the site where the massive store once stood. ....

New York , United States , York State Common Retirement Fund , Northbrook Court , Yorktown Center , Macy Department , Lincolnwood Town Center , Things Are , Brookfield Property Partners , Village President Sandy , York Based Brookfield , New York State Common Retirement Fund , Gurnee Mills , Green Street Advisors , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , யார்க் நிலை பொதுவானது ஓய்வு நிதி , நார்த்ரூக் நீதிமன்றம் , யார்க் டவுன் மையம் , மேஸீ துறை , லிங்கன்வுட் நகரம் மையம் , விஷயங்கள் உள்ளன , ப்ரூக்ஃபீல்ட் ப்ராபர்டீ கூட்டாளர்கள் , கிராமம் ப்ரெஸிடெஂட் மணல் , யார்க் அடிப்படையிலானது ப்ரூக்ஃபீல்ட் , புதியது யார்க் நிலை பொதுவானது ஓய்வு நிதி ,

Debt troubles cloud future of big suburban mall

Debt troubles cloud future of big suburban mall
Debt troubles cloud future of big suburban mall
The owner of Lincolnwood Town Center has defaulted on its $47.3 million mortgage and is contemplating restructuring its debts in bankruptcy.
Debt woes are mounting for another local shopping mall: the Lincolnwood Town Center.
The owner of the 423,000-square-foot mall, Washington Prime Group, is on bankruptcy watch and missed its January payment on the property’s $47.3 million mortgage. Complicating matters further, the mortgage matures April 1, and it’s unclear how Washington Prime will come up with the money to pay it off or if it will even try. ....

United States , Washington Prime Group , Lincolnwood Town Center , Lincolnwood Town , Washington Prime , ஒன்றுபட்டது மாநிலங்களில் , வாஷிங்டன் ப்ரைம் குழு , லிங்கன்வுட் நகரம் மையம் , லிங்கன்வுட் நகரம் , வாஷிங்டன் ப்ரைம் ,