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Mall Values Plunge 60% After Reappraisals Triggered by Bad Debt
Bloomberg, Mar. 1, 2021–John Gittelsohn
U.S. mall values plunged an average 60% after appraisals in 2020, a sign of more pain to come for retail properties even as the economy emerges from pandemic-enforced lockdowns.
https://www.bloomberg.com/news/articles/2021-03-01/mall-values-plunge-60-after-reappraisals-triggered-by-bad-debt?srnd=premium