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General Growth Properties gets loan extension - Greensboro Business Journal
General Growth Properties Inc. , which owns Four Seasons Town Centre mall in Greensboro, has received a two-week extension on $900 million in mortgage loans that came due on Nov. 29. The company says it is seeking a longer extension. In mid November ...

Four Seasons' parent company gets two-week reprieve - Greensboro News & Record
CHICAGO (AP) — General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders. The ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Owner of Danville mall could seek bankruptcy - WSLS
City officials are keeping a close eye on General Growth Properties Inc.’s stock collapse because the Chicago-based company owns Piedmont Mall. General Growth, the second-largest U.S. shopping mall owner, had its worst trading day ever Tuesday ...

Four Seasons owner could face bankruptcy - Greensboro Business Journal
General Growth Properties Inc. , the owner of Four Seasons Town Centre in Greensboro, announced in a filing Tuesday that it faces potential bankruptcy if it’s unable to refinance its debt. The Chicago-based company, which also owns The Streets at ...

Mall owner could seek bankruptcy - GoDanRiver.com
City officials are keeping a close eye on General Growth Properties Inc.’s stock collapse because the Chicago-based company owns Piedmont Mall. General Growth, the second-largest U.S. shopping mall owner, had its worst trading day ever Tuesday ...

Owner Of Four Seasons Could Declare Bankruptcy - WXII 12
GREENSBORO -- The parent company of Four Seasons Town Centre in Greensboro is considering selling some of its assets and declaring bankruptcy. Shares of stock in General Growth Properties, of Chicago, dropped 70 percent Tuesday after company leaders ...

Four Seasons Town Centre's owner warns of bankruptcy - Greensboro News & Record
General Growth Properties, the owner of Greensboro's Four Seasons Town Centre and the nation's second largest mall owner, warned in a federal filing that bankruptcy is a possibility if it isn't able to extend or refinance hundreds of millions in debt ...

Some N.C. malls may be in trouble - News 14
GREENSBORO -- Published reports say the company that owns several malls in North Carolina may file for bankruptcy. Four Seasons Mall in Greensboro is owned by Chicago-based General Growth Properties. A federal filing indicates that the company may ...

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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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