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Washington Prime Group Inc. is an American real estate investment trust that invests in shopping centers. The company is organized in Indiana with its headquarters in Columbus, Ohio. [1] From January 2015 to September 2016, the company had the name WP Glimcher.
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Jan 14, 2022 · Washington Prime Group, a Columbus, Ohio-based shopping center real estate investment trust, emerged from bankruptcy on Oct. 21, 2021, after equitizing its senior notes, paying down certain debt and reinstating and providing take-back debt to other creditors.
Oct 21, 2021 · Washington Prime collected just 52 percent of the rent due in the second quarter of 2020. The firm followed fellow mall operators CBL & Associates Properties and Pennsylvania REIT into...
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Washington Prime has secured $100m of debtor-in-possession financing to aid operations during bankruptcy proceedings, and has entered a restructuring support agreement with creditors led by SVPGlobal.
