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PREIT is racing against the clock to raise enough money to extend loan maturities. Is it in a predicament of its own making, or is it all the pandemic's fault? ....
As PREIT executes 1-for-15 reverse stock split, CEO says 'ship has been righted' bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
With debt maturities breathing down PREIT's neck, the shopping mall REIT has secured agreements for $35M in sales of outparcels at several properties. ....