Aug
12
2009
General Growth is Progressing on Schedule
Posted by: in Mortgage Loan News, tags: Bankruptcy Court, Commercial Real Estate, Excerpt, Ggp, Gropper, Market Knowledge, Marketplace, News Sources, Otc, Pk, Refinancing, Stock Market
News Sources wrote an interesting post today on
Here’s a quick excerpt
It is time for another update on General Growth. What a great day / week GGP has had in the stock market. Today, GGP (GGWPQ.PK on OTC) was as high as $3.35 and closed at $3.12. The reason for the run is the accumulating market knowledge that (A) the bankruptcy court (Gropper) is going to allow time and market forces to work out the debt refinancing issues of GGP; (B) the marketplace for Commercial Real Estate (CRE) continues ot improve as does the lending industry to the CRE and TALF funds wi
Here’s a quick excerpt
It is time for another update on General Growth. What a great day / week GGP has had in the stock market. Today, GGP (GGWPQ.PK on OTC) was as high as $3.35 and closed at $3.12. The reason for the run is the accumulating market knowledge that (A) the bankruptcy court (Gropper) is going to allow time and market forces to work out the debt refinancing issues of GGP; (B) the marketplace for Commercial Real Estate (CRE) continues ot improve as does the lending industry to the CRE and TALF funds wi
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