Debtwire Radio

Triple Five’s Mall of America — which backs a USD 1.4bn Mall of America loan — is in debt relief talks with lenders. The Minnesota property’s troubles could snowball because it cross-collateralizes the New Jersey American Dream Mall property’s loan. Debtwire Municipals' Kathie O’Donnell and Debtwire ABS’ Maura Sadovi discuss the latest on the retail behemoth. Buckingham Senior Living is asking bondholders to extend a long-term forbearance agreement set to expire on 30 June. The Texas continuing care retirement community (CCRC) fell short of forbearance covenants for operating revenues and independent living occupancy in February and March. Debtwire Municipals’ Chuck Stanley will give us the run down as well as the plans by Presbyterian Homes and Services, which operates 50 senior care facilities in Minnesota, Wisconsin and Iowa to resume regular admissions to its independent living communities. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly po