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WEDNESDAY, DECEMBER 9, 2009 8:18 pm
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Business editor Mike Benbow's insights into all things business.
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WEEK IN REVIEW
Tuesday


Arlington brothers’ fight led to death, p...
Burn ban issued in Snohomish County
Woman found dead at Bothell house fire
Monday


Pearl Harbor's voices of the past
Taxes needed to close state's growing deficit?
Grant could help county's residents all be heal...
Sunday


Swine flu lingers, making traditional flu seaso...
Two vie to serve as Snohomish County prosecutor
Families get an early gift: free Christmas trees
Saturday


Gift charity draws Snohomish County families in...
Fears over commercial air service at Paine Fiel...
Donated safe gives Marysville museum a mystery
Friday


From behind bars, pal tells Colton Harris-Moore...
Commercial airlines would cause few problems at...
Fund set up to benefit children of couple kille...
Thursday


5 die of swine flu in Snohomish County
Red Cross honors acts of heroism, many by ordin...
Barista clothing rules delayed by County Council
Wednesday


Father gets 13 years in 6-year-old's fatal shoo...
‘One bad choice' blamed in death of 4 fri...
Reps. Larsen, Inslee split on Obama's plans for...
 

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CONTACT THE HERALD
Mike Benbow, Business Editor
benbow@heraldnet.com
 
Published: Monday, December 1, 2008

Alderwood mall owner obtains extension on debt

An owner of Alderwood mall has secured a two-week extension on $900 million in debt, which had been scheduled to come due last week. General Growth Properties Inc., of Chicago continues to negotiate longer-term extensions with lenders to avoid bankruptcy, the company reported on Sunday.

The $900 million mortgages cover two shopping malls owned by General Growth in Las Vegas.

The nation’s second-largest mall owner struggles with its debts, as the financial crisis clogs the credit market. The company owns seven malls in Washington state, including Alderwood and Westlake Center in Seattle.

Alderwood mall covers about 1.3 million square feet is the biggest shopping mall in Snohomish County.

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1. Arlington brothers’ fight led to death, police say
2. Detectives consider slaps to father lethal
3. Woman found dead at Bothell house fire
4. Two teens hurt in collision near Granite Falls
5. Lottery win helps Lake Stevens convenience store owner pay bonuses
6. Everett man shot in groin; two men, one woman are arrested
7. I-5 car chase was result of driver's medical condition
8. CBS cancels ‘As the World Turns’
9. Jail inmates’ meal complaint omits a crucial fact
10. Locker dips toe in NFL pool
Enterprise Newspaper Snohomish County Business Journal
Zambian woman thanks students for their help
Food banks see rise in use
‘Making Spirits Bright’ in Edmonds
Wolfpack takes aim at state
Seahawks help students smile
95 and still volunteering
Sno-King joined by local TV king
Veterans back for Wildcats
Lynnwood seeks to plug $2 million budget gap
The Enterprise Online Newspaper


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