America’s Dying Shopping Malls Have Billions in Debt Coming Due
Bloomberg, June 16, 2016–Mulholland, Sarah; Evans, Rachel
A wave of debt from the last decade’s borrowing binge is coming due for shopping centers. Nearly $47.5 billion of loans backed by retail properties will mature over the next 18 months, coinciding with a tighter market for commercial-mortgage backed securities, where many such properties are financed.
