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ProShares UltraShort Real Estate Message Board

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  • Seneca2 Seneca2 Dec 12, 2008 9:54 AM Flag

    GGP got their financing

    Reading the story it appears that they still have other financing they need to obtain today in order to survive.

    "These refinanced loans are separate from the Fashion Show and Palazzo mortgage loans currently scheduled to mature on December 12, 2008. The Company is continuing discussions with its syndicate of lenders for a further extension of these two mortgage loans. There can be no assurance that the Company will obtain these further extensions. "

 
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