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Tag: Mall of America

malls in trouble

What Will Save Malls Like American Dream New Jersey, Palisades Center, In Post Pandemic World?

March 16, 2021March 23, 2021rcbizjournal

The Palisades Center is not alone in its need to respond to dizzying changes that have occurred over the course of the year, but it reveals the conundrum in which many shopping center owners nationwide now find themselves.

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unpaid mortgages

Malls Could Reopen Mid-June But How Much Collateral Damage Has Lockdown, Previous Weaknesses Caused?

May 31, 2020June 21, 2022rcbizjournal

The Palisades Center did not make April or May mortgage payments and an insider familiar with The Pyramid Group says a June payment is “not likely,” because stores are not on track to open until mid-month.

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