PREIT Closes $100 Million Financing for Mall at Prince George’s
This mortgage, originated through Goldman Sachs, carries a fixed 7.355% interest rate for a five-year term.
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This mortgage, originated through Goldman Sachs, carries a fixed 7.355% interest rate for a five-year term.
New openings build on continued leasing momentum
Over 350,000 sf of new deals and openings across portfolio in 2025
The new 13,000sf store will open in spring 2026
This financing, when coupled with other recent financings, generated $286 million of total loan proceeds.
Brings over 7,700sf of national children’s retailers to one of Northeast Pennsylvania’s most prominent shopping destinations
Nearly 15,000sf Boot Barn will join lineup including Locker Room by Lids, Chick-fl-A and more
The five-year, interest-only loan, led by Goldman Sachs and Barclays Bank, carries a fixed interest rate of 7.115%.
PREIT is pleased to announce the next wave of additions to Cherry Hill Mall, one of the region’s premier shopping destinations.
PREIT and Abrams Realty announced the transfer of Exton Square Mall for $34,250,000