CBL & Associates Properties Inc., which previously had sought to buy back at a discount a $54.54 million loan against its Southpark Mall near Richmond, Va., is instead in late-stage negotiations to extend its term through June 2026. The loan had matured in June, but has continued to pay as if it hadn’t.

The post CBL Nears Agreement for 4-Year Extension of $54.54Mln Loan on Southpark Mall appeared first on Commercial Real Estate Direct.