Pyramid Management Group in the news
Retail real estate development
Tamtam found 20 recent articles about Pyramid Management Group.
- Partnership Acquires Providence Place in Rhode Island for $133 Million
Pyramid Management Group and partners acquired the 1.4 million-square-foot Providence Place retail center in Rhode Island for $133 million.
- Pyramid Management buys Providence mall
Pyramid Management Group reacquired Providence Place mall for $133 million with partners, planning aesthetic upgrades and new tenants.
- Sale of Providence Place mall is finalized after years in limbo
Pyramid Management Group and Paolino Properties have finalized the sale of Providence Place mall, ending years of financial uncertainty for the property.
- A new day dawns for Providence Place as new owners close on $133M deal
Paolino Properties and Pyramid Management Group bought Providence Place mall for $133 million to revitalize the struggling property.
- Destiny USA’s owner completes purchase of Rhode Island’s largest shopping center
Pyramid Management Group purchased Providence Place, Rhode Island's largest shopping center, for $133 million with plans for revitalization.
- New Providence Place owners eye Costco, security upgrades, new tenants
New owners of Providence Place, including Pyramid Management Group, are planning to attract new tenants like Costco, enhance security, and bring in more retail, dining, and entertainment options.
- Report: Destiny USA’s owner again reaches deal to buy out huge debt at 80% discount
Destiny USA's owner, Pyramid Management Group, is close to a deal to buy back its megamall's mortgage at an 80% discount.
- Partnership Agrees to Acquire Providence Place Mall in Rhode Island for $133M
A partnership has agreed to acquire the 1.4 million-square-foot Providence Place Mall for $133 million.
- IKEA to open new store at Walden Galleria in 2027
IKEA plans to open a new 67,000-square-foot store at the Walden Galleria in Cheektowaga by early 2027.
- Walden Galleria to welcome IKEA’s second Upstate New York location
Walden Galleria is opening an IKEA in early 2027, transforming 67,000 square feet of former Sears space into a full IKEA experience.
- $700M-plus debt raises questions about Destiny USA mall’s future
Pyramid Management Group faces financial uncertainty at Destiny USA mall due to $714 million in debt and a missed payment deal.
- Pyramid buys one mall, defaults on another
Pyramid Management Group defaulted on the Destiny USA loan while acquiring the largest mall in Rhode Island.
- Pyramid Management Group enters partnership to purchase Providence Place
Pyramid Management Group is acquiring and repositioning the Providence Place shopping center in a $133 million deal.
- Pyramid Management Group enters partnership to purchase Providence Place
Pyramid Management Group and partners are acquiring Providence Place for $133 million to revitalize the major Rhode Island retail asset.
- Costco buys $15.6 million in more Upstate NY land from Pyramid
Costco purchased $15.6 million in additional land from Pyramid Management Group for its first Capital Region warehouse store scheduled to open this summer.
- Destiny USA mall faces $714 million debt after missing $70 million payment deal
Destiny USA faces potential foreclosure after its owner, Pyramid Management Group, failed to secure a major debt forgiveness deal by missing a $70 million payment.
- Destiny USA’s crushing $714M debt could have been cut in half, but owner couldn’t seal the deal
Destiny USA faces potential foreclosure after failing to secure a $70.5 million payment required to wipe out $393.5 million of its massive debt load.
- Costco pays Pyramid $15.6M for Western Avenue location
Costco purchased land for $15.6 million from a Pyramid Management Group affiliate to open a new warehouse after years of legal and regulatory battles.
- Partnership to Acquire Providence Place Mall in Rhode Island for $133 Million
Pyramid Management Group and partners are buying the Providence Place Mall for $133 million to reposition the distressed asset with new retail and entertainment concepts.
- Destiny USA owner to reacquire mall in Rhode Island
Pyramid Management Group is partnering with Paolino Properties to purchase the Providence Place mall in Rhode Island for $133 million.
Articles collected by Tamtam and kept when they are about the company, newest first. Each links to its source.
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