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Kenwood Centre owner issues warning - Cincinnati.com
CHICAGO - The owner of Kenwood Towne Centre and Florence Mall warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. Real estate investment trust General ...

Kenwood Centre owner issues warning - Cincinnati.com
CHICAGO - The owner of Kenwood Towne Centre and Florence Mall warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. Real estate investment trust General ...

Large mall owner risks bankruptcy - Daily News Journal
CHICAGO — General Growth Properties Inc. shares plummeted Tuesday 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 billion in debt due next month. The real ...

Owner of Two Local Malls May File Bankruptcy - WKRC
The owner of two local malls may file for bankruptcy. General Growth Properties Incorporated operates Kenwood Towne Centre and Florence Mall. The Chicago-based owners must refinance or try to extend the nearly one billion dollars in debt which is due ...

General Growth Properties may seek protection - Business Courier
General Growth Properties, owner of Kenwood Towne Centre and Florence Mall, says it may be forced to seek protection from its creditors as it struggles to refinance debt. The company’s stock tumbled as much as 70 percent in Tuesday trading. Chicago ...

Ala Moana, Ward Centers owner facing bankruptcy - Honolulu Star-Bulletin
General Growth Properties Inc. , owner of Ala Moana Center and Ward Centers in Hawaii, said yesterday it is facing the possibility of bankruptcy if it fails to refinance or extend nearly $1 billion in debt due next month. The real estate investment ...

Business Notes - Lexington Herald-Leader
Delta to cut 40 flights a dayat Cincinnati airport next year Delta Air Lines plans to cut 12 percent of flights, or about 40 a day, out of the Cincinnati/Northern Kentucky International Airport , as the company restructures its hub, the airline said ...

Bankruptcy Looms For Owner Of 2 Area Malls - WLWT 5
CHICAGO -- The owner of two area malls faces bankruptcy, according documents filed earlier this week. General Growth Properties Inc. shares have plummeted after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy ...

Pomeroy continues its turnaround - Cincinnati.com
Hebron-based Pomeroy IT Solutions posted its second consecutive quarterly profit in the third quarter, boosted in part by renegotiated contracts and job cuts. On Wednesday, Pomeroy reported third-quarter net income of $1.8 million, or 15 cents per ...

National crisis, local implications: Metro home market declines - Jackson Clarion-Ledger
As soon as their home sells, they're planning to buy the new property. The only problem? Since putting their existing home on the market two months ago, not one perspective buyer has stopped in for a tour. "I'm not going to buy the other home until I ...

Today's Mortgage Terms starting with T

Term: The period of time in which a loan must be paid off.

Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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