Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Could PREIT Be Next Mall Operator to File Chapter 11?

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The Pennsylvania Real Estate Investment Trust has entered into a support agreement with certain lenders that contemplates an out-of-court financial restructuring, one that might still require a Chapter 11 filing for bankruptcy court protection. The agreement was inked on Oct. 7, according to a regulatory filing by PREIT last week with the Securities and Exchange…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!