Canadian megamall developer's U.S. project on shaky ground due to pandemic

The owners of the West Edmonton Mall mortgaged that property along with a second megamall, in order to finance a third, the new American Dream outside of Manhattan. The timing couldn't have been worse, with COVID arriving days before a planned grand opening. Now behind on mortgage payments, can the wealthy Edmonton family maintain control of their empire?

from CBC | Canada News https://ift.tt/32EcF37