supported by what ? mall bids and sketchy future rents ? Higher interest rates will punish some harder than others. No one deserves the pain that is coming more than a leveraged retail mall serial builder.
Funny....you mention debt but not assets. Their assets far exceed their liabilities. They are rated investment grade. You are rated junk.
Net tangible assets are merely $5.8 Billion, sporting a market capitalization of $52 Billion, eh ?
Can you read a balance sheet ? I can!