Rouse Properties Inc. (RSE) announced that it closed on a new $68.0 million mortgage loan secured by Valley Hills Mall. The CMBS non-recourse loan bears interest at a fixed rate of 4.47% and matures in ten years. Net proceeds to the Company after related closing and defeasance costs were approximately $15.0 million. This asset was previously financed with a $51.4 million mortgage loan at an interest rate of 4.73% and with a maturity of March, 2016.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.