American Dream Misses $8.8 Million Loan Payment
Retail TouchPoints
AUGUST 5, 2022
New Jersey mall and entertainment complex American Dream has failed to make an interest payment on municipal loans sold to help finance the $5 billion venture. The missed payment was for $8.8 Payment on the $287 million debt was due Aug. The balance in the reserve account previously used to make payments on the loans is $862.12.
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