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Home > PREIT Strikes Deal to Modify $1.1Bln of Debt, Looks to Avoid Bankruptcy

PREIT Strikes Deal to Modify $1.1Bln of Debt, Looks to Avoid Bankruptcy

October 16, 2020
in General News

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Commercial Real Estate Direct Staff Report Pennsylvania REIT has reached a modification agreement with 80 percent of the lenders on nearly $1.1 billion of outstanding debt. The Philadelphia...

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Tags: Pennsylvania REIT Retail CMBS - non-deal specific (CMBS-G) Commercial MBS (CMBS) Mortgages/Financing (MOR) REITS -general (REITS)

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