Lewisville’s Vista Ridge Mall Headed To Foreclosure | Dallas Business Journal

The ownership of Lewisville’s Vista Ridge Mall is looking to unload the mall’s keys after three years it making less money than New York City-based Rouse Properties owes on its mall loans.”If you look at the trailing last few years of financials and it has been performing below one debt service coverage ratio, or making less money than it owes,” Joe McBride, an analyst with Trepp LLC, told the Dallas Business Journal.

via Lewisville’s Vista Ridge Mall owner looks to unload the property – Dallas Business Journal.

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