LOUISVILLE, Ky. (WDRB) — Jefferson Mall’s future is in question as new documents reveal it owes millions of dollars on the property.
A recent filing of the fourth quarter report with the Securities and Exchange Commission shows CBL Properties is in discussions with the mall’s lenders to either foreclose or transfer the mall to another company or person.
The report shows the mall owes nearly $49 million on the property. In 2022, it was valued at just under $35 million…