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Westfield Montgomery Owner Pays Off $350M Loan on Bethesda, Md., Mall

Unibail-Rodamco-Westfield (URW) has paid off a $350 million loan tied to the Westfield Montgomery shopping mall in Bethesda, Md., more than two years after the debt was transferred to special servicin

Westfield Montgomery Owner Pays Off $350M Loan on Bethesda, Md., Mall
Photo: Commercial Observer

Summary

Unibail-Rodamco-Westfield (URW) has paid off a $350 million loan tied to the Westfield Montgomery shopping mall in Bethesda, Md.

, more than two years after the debt was transferred to special servicing.

The 1.2 million-square-foot mall’s loan had been scheduled to mature Aug. 1, Bisnow reported. Morningstar Credit described the payoff as a “rarity in a […]

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