The American Dream megamall in New Jersey received a four-year extension on some of its debt from lenders led by JPMorgan Chase & Co., buying more time for the beleaguered shopping and entertainment center to execute a turnaround.
The new debt matures in October 2026, according to a statement Monday. It comes after senior mezzanine lenders foreclosed on an equity interest in the mortgage borrower and owner of the mall, effectively stripping junior lenders including
Further terms of ...