Mar
24

Myrtle Beach Area Mall Files for Chapter 11

By
– The Sun News

The owner of Inlet Square mall near Myrtle Beach has filed for Chapter 11 bankruptcy after failing to come to terms with its creditors, according to court documents filed this week, but the mall plans to stay open through the bankruptcy process.

Inlet Retail Associates, the mall’s owner, had been talking to potential buyers since last year after defaulting on the loan it got to buy and renovate the center. Even though there was interest in the property, nothing came to fruition, said managing member of the company Nathan Fishkin.

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http://www.greenvilleonline.com/article/20090324/BUSINESS05/90323031/1003/BUSINESS
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