Showing posts with label Mall of America. Show all posts
Showing posts with label Mall of America. Show all posts

Friday, August 21, 2009

Mall of America bucks the trend


And they're doing it with promotional Twitter and Blog spots... David Bodamer reports

It's in 3 deals (interestingly, they show three different NCF numbers, two different payment statuses, and various occupancy and other stats - the pari passu thing isn't a problem at all ) within CMBS. We'll just pick the financials from one at random since they disagree - YE 2008 DSCR 1.47x, Occupancy 90%, anchors include Macy's (9.99% GLA, expires 8/2015), Bloomingdales (7.9%, exp 8/2012), and NOrdstrom's (7.61%, expires 8/2022).