Simon Mall Refinances $83M Loan With Deutsche Bank

Law360, New York (December 19, 2011, 4:13 PM EST) -- A Boston mall majority-owned by real estate investment trust Simon Property Group Inc. has secured a loan from Deutsche Bank AG to refinance a maturing $83 million loan, the loan's arrangers Holliday Fenoglio Fowler LP announced Monday.

The 10-year, fixed-rate loan replaces an $83.2 million, 6.73 percent loan set to expire in March, according to regulatory filings. Simon, the nation’s biggest mall operator, owns 56.4 percent of the property, which is part of a 12-mall portfolio of New England malls split between the REIT, the Canada...
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