By Corina Vanek | Phoenix Business Journal
Despite a loan worth $423 million coming due in 2023, Scottsdale Fashion Square is not in any financial danger, according to Robert Kline, managing director of debt and structured finance for the Southwest region for Colliers International.
“Scottsdale Fashion Square is the crème de la crème of malls and has the crème de la crème of owners,” Kline said. That reputation and ownership will make lenders more willing to work with properties, even with large outstanding loans, he said.
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