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Rockland County Business Journal

Rockland County Business Journal

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Tag: Barclays

palisades center

Distressed Palisades Center Could Find Quick Buyer But At Deep Discount

April 18, 2020April 23, 2020rcbizjournal

The Palisades Center could go into foreclosure by mid-summer if owner Pyramid Management Group does not find a buyer, according to an inside source at J.P. Morgan.

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Palisades Center

Palisades Center Mall Default Imminent

April 17, 2020rcbizjournal

Its massive debt of $388.5 million has been transferred to a special CMBS servicing unit because of “imminent monetary default.”

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