US House Price Graph 2004-2011


Archive for the 'Centro Properties' Category

CRE: Centro Properties “struggling to refinance debt”

Monday, December 17th, 2007

Centro Properties Group, the owner of 700 U.S. shopping malls … says it’s struggling to refinance debt. Melbourne-based Centro suspended dividends and said in a statement that it may have to sell assets, after lenders set a Feb. 15 deadline to negotiate maturing debt. Traditional sources of funding are “shut for business,” Chairman Brian Healey […]

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Posted in Subprime, Centro Properties, Credit Crunch, CRE, Foreclosure, Housing Bubble | No Comments »