Owner of Carmel’s Clay Terrace preparing bankruptcy filing, report says

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8 thoughts on “Owner of Carmel’s Clay Terrace preparing bankruptcy filing, report says

    1. Not sure if it was added after your comment, but it’s currently in the third-to-last paragraph.

    1. Washington Prime was here, but merged with Glimcher, a REIT in Columbus and put its HQ there. Simon had nothing to do with it.

  1. So basically, a lot of strip malls that are across the street or close to Simon malls are also owned by a related company? Today I learned.

    While the improvements to Clay Terrace seem great, I can’t help but ask if they’ll even happen considering their finances.

  2. Clay Terrace proposed “improvements” can only be called that by the developer… they are basically a hotel (really??) and MORE apartments

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