LIBERATOR
2009-03-25 06:09:56 UTC
Many banks are attempting foreclosure on numerous states mall
locations owned by General Growth Properties - a RUSH owned company, I
know it by witnessing it firsthand in Lone Tree, Colorado where Park
Meadows Mall is, a higher class location and residential area, RUSh
immediately tried to move in and bank on the situation. Strangely, as
the cocaine addicted behaviors reveal themselves through "a need to
remodel everything we own" - they are remodeling their banks, their
grocery stores, and also their shopping malls.
In Boulder currently the King Soopers on the east end of town is being
remodeled - but there was nothing wrong with it. In the eyes of a
cocaine user, high society is the constant reflection point, so
Virginia Newbon likely is the one behind it because they just finished
remodeling the King Soopers on the west end of Boulder. Schwag & high
class society is what it is geared for.
They did the same thing to Park Meadows and prices got raised,
strangely it's said that Park Meadows Mall is the only General Growth
Property making money. It won't matter soon, it'll be taken over by
Dick Strong shortly.
What really makes Dick Strong to be an amazing man is that CitiGroup
was previously a RUSH owned & controlled bank, and now Dick by all the
shuffle & implosion & revamping that took place over the last year,
owns & controls CitiGroup of which he's using it to seize another RUSH
owned venture. So Dick took over RUSH bank Citigroup from RUSH, and
ousted all the scumbucket thieves, and now is using it to seize
another RUSH owned venture General Growth Properties, which also is a
extensive stringing of RUSH ventures and illegal acts of gaining
sustenance in funding. All hail the mighty Swede! (hahaha...!)
--------------------------------------------------------------------------http://www.nola.com/news/index.ssf/2009/03/bank_has_oakwood_center_se...
Bank wants to seize Oakwood Mall from General Growth Properties
by Paul Purpura, The Times-Picayune Friday March 20, 2009, 9:54 PM
Rusty Costanza/The Times-Picayune
Oakwood Center remains open for business while Citicorp North America
seeks sale of the mall as repayment of a $95 million loan.
A bank and two lenders have begun foreclosure proceedings against the
owners of Oakwood Center in Terrytown, alleging a $95 million loan the
company got after Hurricane Katrina has not been repaid.
Although a judge has ordered the Jefferson Parish Sheriff's Office to
seize the mall and prepare for a sale, the shopping center remains
open for business. Attorneys for Oakwood had not filed a response as
of Friday.
The $95 million was due Monday from Oakwood Shopping Center Limited
Partnership, a subsidiary of General Growth Properties of Chicago,
according to the petition filed by attorneys for Citicorp North
America Inc., Pembrook Community Investors and Sandelman Partners.
Citicorp "is asking that the property be put up for auction,
basically" to recoup the loan, said New Orleans real estate attorney
Peter Title, who is not involved in the litigation. The mall's anchor
tenants, Dillard's, J.C. Penney and Sears, own their buildings and are
unaffected by Citicorp's action, said Lynn Walters, Oakwood Center's
senior manager.
General Growth owns more than 200 malls nationwide, including eight in
Louisiana. It is trying to reorganize its debt to stave off bankruptcy
and to sell some of its properties, according to news reports. Oakwood
is General Growth's fourth foreclosure this week, with the others
being in Texas and California, according to Reuters.
Riverwalk Marketplace in New Orleans and Riverlands Shopping Center in
LaPlace are also General Growth properties, but a spokesman said they
do not face foreclosure.
David Keating, a General Growth spokesman in Chicago, said all three
New Orleans area malls will remain open.
Citicorp also said Friday that Oakwood "will continue to operate
normally and without interruption to tenants or visitors."
General Growth, a publicly traded company, has $27 billion in debt, of
which $1.2 billion was past due, and was trying this week to negotiate
with its lenders to avoid seeking Chapter 11 bankruptcy protection,
according to the Wall Street Journal.
In its petition, Citicorp alleges Oakwood's $95 million debt was
initially due Feb. 9, 2008, but both sides agreed to extend the date
to Monday. The lenders filed the petition in the 24th Judicial
District Court the following day, when Judge Joan Benge signed the
seizure order Citicorp sought. The case has been assigned to Judge
Conn Regan. A hearing has not been set.
Also note the crimes - my miserable family refuses to acknowledge thelocations owned by General Growth Properties - a RUSH owned company, I
know it by witnessing it firsthand in Lone Tree, Colorado where Park
Meadows Mall is, a higher class location and residential area, RUSh
immediately tried to move in and bank on the situation. Strangely, as
the cocaine addicted behaviors reveal themselves through "a need to
remodel everything we own" - they are remodeling their banks, their
grocery stores, and also their shopping malls.
In Boulder currently the King Soopers on the east end of town is being
remodeled - but there was nothing wrong with it. In the eyes of a
cocaine user, high society is the constant reflection point, so
Virginia Newbon likely is the one behind it because they just finished
remodeling the King Soopers on the west end of Boulder. Schwag & high
class society is what it is geared for.
They did the same thing to Park Meadows and prices got raised,
strangely it's said that Park Meadows Mall is the only General Growth
Property making money. It won't matter soon, it'll be taken over by
Dick Strong shortly.
What really makes Dick Strong to be an amazing man is that CitiGroup
was previously a RUSH owned & controlled bank, and now Dick by all the
shuffle & implosion & revamping that took place over the last year,
owns & controls CitiGroup of which he's using it to seize another RUSH
owned venture. So Dick took over RUSH bank Citigroup from RUSH, and
ousted all the scumbucket thieves, and now is using it to seize
another RUSH owned venture General Growth Properties, which also is a
extensive stringing of RUSH ventures and illegal acts of gaining
sustenance in funding. All hail the mighty Swede! (hahaha...!)
--------------------------------------------------------------------------http://www.nola.com/news/index.ssf/2009/03/bank_has_oakwood_center_se...
Bank wants to seize Oakwood Mall from General Growth Properties
by Paul Purpura, The Times-Picayune Friday March 20, 2009, 9:54 PM
Rusty Costanza/The Times-Picayune
Oakwood Center remains open for business while Citicorp North America
seeks sale of the mall as repayment of a $95 million loan.
A bank and two lenders have begun foreclosure proceedings against the
owners of Oakwood Center in Terrytown, alleging a $95 million loan the
company got after Hurricane Katrina has not been repaid.
Although a judge has ordered the Jefferson Parish Sheriff's Office to
seize the mall and prepare for a sale, the shopping center remains
open for business. Attorneys for Oakwood had not filed a response as
of Friday.
The $95 million was due Monday from Oakwood Shopping Center Limited
Partnership, a subsidiary of General Growth Properties of Chicago,
according to the petition filed by attorneys for Citicorp North
America Inc., Pembrook Community Investors and Sandelman Partners.
Citicorp "is asking that the property be put up for auction,
basically" to recoup the loan, said New Orleans real estate attorney
Peter Title, who is not involved in the litigation. The mall's anchor
tenants, Dillard's, J.C. Penney and Sears, own their buildings and are
unaffected by Citicorp's action, said Lynn Walters, Oakwood Center's
senior manager.
General Growth owns more than 200 malls nationwide, including eight in
Louisiana. It is trying to reorganize its debt to stave off bankruptcy
and to sell some of its properties, according to news reports. Oakwood
is General Growth's fourth foreclosure this week, with the others
being in Texas and California, according to Reuters.
Riverwalk Marketplace in New Orleans and Riverlands Shopping Center in
LaPlace are also General Growth properties, but a spokesman said they
do not face foreclosure.
David Keating, a General Growth spokesman in Chicago, said all three
New Orleans area malls will remain open.
Citicorp also said Friday that Oakwood "will continue to operate
normally and without interruption to tenants or visitors."
General Growth, a publicly traded company, has $27 billion in debt, of
which $1.2 billion was past due, and was trying this week to negotiate
with its lenders to avoid seeking Chapter 11 bankruptcy protection,
according to the Wall Street Journal.
In its petition, Citicorp alleges Oakwood's $95 million debt was
initially due Feb. 9, 2008, but both sides agreed to extend the date
to Monday. The lenders filed the petition in the 24th Judicial
District Court the following day, when Judge Joan Benge signed the
seizure order Citicorp sought. The case has been assigned to Judge
Conn Regan. A hearing has not been set.
facts - RUSH created hurricane Katrina to cause need for redevelopment
of which they could move in and take advantage of the damage by the
storm they created, to redevelop and profit. So it's pure evil that
RUSH is by what they've done -
1) Used HAARP to create hurricane Katrina to destroy the area so new
development would be needed
2) Manipulated all their corporations using the NSA to arrange front
companies to get loans from their owned banks to fund the
redevelopment through the localized front companies for mainly malls &
entertainment complexes 3) Then use the profit cycles created to
dominate politics and further this entire cycle elsewhere - !!!
DICK STRONG STOPPED IT ALL in its tracks and now is causing the filthy
murdering members of RUSH to lose their asses financially!!
And that they are!!
Anyone want to argue me that Geddy Lee isn't a filthy scummy Jew
performing Communism? The first paragraph says it all first about how
evil Geddy Lee is but then how amazing Dick Strong is (and Elvis/Tina/
Clint I always forget them):
Rusty Costanza/The Times-Picayune - Oakwood Center remains open for
business while Citicorp North America seeks sale of the mall as
repayment of a $95 million loan. A bank and two lenders have begun
foreclosure proceedings against the owners of Oakwood Center in
Terrytown, alleging a $95 million loan the company got after Hurricane
Katrina has not been repaid