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Friday, March 31, 2023
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Pyramid’s $1.34B mall mortgage portfolio exhibits stress because it seeks extension on Galleria

CHEEKTOWAGA, N.Y. — Pyramid Administration Group owes greater than $237 million on its Walden Galleria mortgage, however that’s solely a fraction of the...

Walden Galleria proprietor in dialogue with lender over destiny of $237 million mortgage

CHEEKTOWAGA, N.Y. — The proprietor of the Walden Galleria is looking for a five-year extension of its mammoth mortgage on the mall, with...

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