Brookfield Properties says it is turning over Water Tower Place to its lender, a unit of New York-based insurer MetLife. The action indicates Brookfield believes the Michigan Avenue mall is worth less than an estimated $300 million in debt on the property.
Related posts
-
‘She’s my inspiration’: Soon-to-be 100-year-old still woman walks over three miles a day at The Centre of Elgin
Soon-to-be 100-year-old Betty McKeown was celebrated during a party at The Centre of Elgin on Thursday.... -
Buffalo Grove DePaul student speaks out about antisemitic campus attack
A Stevenson High School graduate and DePaul University student spoke out about a campus antisemitic attack. -
Buffalo Grove DePaul student speaks out about antisemitic campus attack
A Stevenson High School graduate and DePaul University student spoke out about a campus antisemitic attack.