GGP refinances Northbrook Court (NOT in a CMBS)

per Bloomberg.

That brings the total to $996mm in GGP loans refinanced the last few weeks, and that looks like it for the rest of this year. Mathrani said "We have accomplished our 2011 goals and are now focused on 2012 financing opportunities."

North Point Mall Losing Belk

North Point Mall ($155mm, MLMT 2006-C1) in Alpharetta is losing Belk, it's 4th or 5th largest anchor. This is a GGP mall, and has a tighter DSCR than other GGP malls at just 1.32x as of the 2Q 2008. The LTV is 48.86%