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Mall owner struggles to regain solvency - Bartlesville Examiner-Enterprise
General Growth Properties Inc., which owns Washington Park Mall in Bartlesville, may be forced to file bankruptcy if it is unable to extend or refinance its nearly $1 billion in debt due in December. Steadily declining this year, its stock market ...

General Growth hires as debt adviser - Arlington Heights Daily Herald
General Growth Properties Inc., the real-estate investment trust that said this month it might file for bankruptcy, hired law firm Sidley Austin as financial adviser as it seeks to refinance $27.3 billion in debt. "General Growth Properties has hired ...

Mall’s owners may face bankruptcy - Lake Wales News
General Growth Properties Inc., owners of the Eagle Ridge Mall in Lake Wales, saw its stock plummet this week after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 ...

General Growth Interim Chief Metz Replaces Bucksbaum (Update3) - Bloomberg
Oct. 27 (Bloomberg) -- General Growth Properties Inc., the Chicago-based shopping-mall owner whose shares have fallen 95 percent this year, replaced Chief Executive Officer John Bucksbaum , who resigned yesterday, with interim CEO Adam S. Metz ...

Business briefs - Chicago Sun-Times
General Growth Properties Inc., the Chicago-based shopping-mall owner whose shares have fallen 95 percent this year, replaced Chief Executive Officer John Bucksbaum, who resigned, with interim CEO Adam S. Metz. Bucksbaum, 52, will remain General ...

General Growth Posts Wider Loss, Abandons Dividend (Update1) - Bloomberg
Nov. 5 (Bloomberg) -- General Growth Properties Inc. fell as much as 25 percent in New York trading after the U.S. mall owner reported a wider third-quarter loss, and abandoned its quarterly dividend. The Chicago-based company cut its forecast for ...

General Growth sinks on lower outlook, debt fears - CNBC
WASHINGTON - The new managers of troubled mall owner General Growth Properties Inc. sought to reassure investors Wednesday that the company plans to sell off properties and cut costs in an effort to weather the rocky economic climate, weeks after the ...

General Growth Properties replaces CEO - San Diego Union-Tribune
CHICAGO – Real estate investment trust General Growth Properties Inc. said Monday it replaced its chief executive and president with two directors, effective immediately, after learning about loans that were made that did not follow company policy ...

General Growth replaces top execs - Honolulu Advertiser
General Growth Properties Inc., the Chicago-based shopping-mall owner whose shares have fallen 95 percent this year, has replaced CEO John Bucksbaum with interim CEO Adam S. Metz. Bucksbaum, 52, who resigned Sunday, will remain General Growth's ...

General Growth Folds On Vegas Hand - Forbes
Shares in mall and real estate owner General Growth Properties continue to spiral downward, as two executives have resigned and it has made plans to sell properties in Las Vegas. On Monday, Chicago-based General Growth Properties (nyse: GGP - news ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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