GGP identifies 13 properties that might go back to lenders

General Growth Properties has identified 13 retail properties that it might turn over to lenders after it emerges from bankruptcy. These underperforming properties serve as collateral to loans. GGP has two days after it exits bankruptcy -- scheduled for Sept. 30 -- to decide whether it will hand back the properties or seek to modify the loans.

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Bloomberg Businessweek · American City Business Journals

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