Rouse Properties Acquires Mt. Shasta Mall in Redding, California for $49MM

NEW YORK--Rouse Properties, Inc. (NYSE:RSE), a national owner and operator of enclosed regional malls, today announced the acquisition of  for a total purchase price of approximately $49.0 million, excluding transaction costs and closing adjustments. The acquisition was financed with a new ten-year $31.9 million non-recourse CMBS loan with an interest rate of 4.19%. “We are […]