Home Commercial Brookfield Defaults on $77MM Loan for Bellis Fair Mall

Brookfield Defaults on $77MM Loan for Bellis Fair Mall

The RegistryMarch 28, 20222 Mins read948

By Meghan Hall Major developer and investor Brookfield Properties Trust has defaulted on its loan for one of its assets in Bellingham, Wash. According to a report by DBRS Morningstar, the firm failed to repay its $77 million loan for the Bellis Mall, and the loan’s rating was subsequently downgraded. The property is located at […]

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Brookfield Defaults on $77MM Loan for Bellis Fair Mall