The Ground FloorThe Wrap
Green Street: Mall values rise 13% as 250 Class-A properties hold 90% of value
Our tracking puts $8.7 billion of mall CMBS in special servicing.
At a glance
U.S. mall values rose 13%, according to Green Street, but the gain is concentrated in about 250 Class-A properties that account for 90% of U.S. mall value.
Our tracking puts $8.7 billion of mall CMBS in special servicing.
U.S. mall values rose 13%, according to Green Street, but the gain is concentrated in about 250 Class-A properties that account for 90% of U.S. mall value. The remaining malls hold the other 10%.
Our tracking puts $8.7 billion of mall CMBS in special servicing. The debt figure is separate from the Class-A properties behind the value rise.
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