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Is indoor capacity increase too late for American Dream?

Increased capacity may come a bit too late for the owners of the American Dream mall.

03/12/2021

NJ Spotlight News

Is indoor capacity increase too late for American Dream?

Clip: 3/12/2021 | 2m 36sVideo has Closed Captions

Increased capacity may come a bit too late for the owners of the American Dream mall.

The shopping complex’s developer, Triple Five, may end up losing its 49% stake in its Minnesota-based Mall of America property, because it put that up as collateral to secure financing for American Dream. NJ Advance Media says a Triple Five executive recently raised that possibility at a public meeting, citing a significant cash flow crisis.

03/12/2021

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