EX-99.1 2 c51839exv99w1.htm EX-99.1 EX-99.1
EXHIBIT 99.1
UNITED STATES BANKRUPTCY COURT
CASE NO. 09-11977 (Jointly Administered)
Reporting Period: April 2009
Federal Tax I.D. # 42-1283895
CORPORATE MONTHLY OPERATING REPORT
I declare under penalties of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.
         
  GENERAL GROWTH PROPERTIES, INC.
 
 
Date: June 15, 2009  by: /s/ Edmund Hoyt    
    Edmund Hoyt   
    Chief Financial Officer   

 


 

         
GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
             
        PAGE
        NUMBER
Monthly Operating Report as of and for the Period Ended April 30, 2009        
   
 
       
Index        
   Consolidated Condensed Statement of Income and Comprehensive Income     3  
   Consolidated Condensed Balance Sheet     4  
 
   Notes to Unaudited Consolidated Condensed Financial Statements     5  
Note 1:  
Chapter 11 Cases and Proceedings
    5  
Note 2:  
Basis of Presentation
    6  
Note 3:  
Summary of Significant Accounting Policies
    7  
Note 4:  
Cash and Cash Equivalents and Amounts Applicable to Debtor First-Lien Holders
    7  
Note 5:  
Certain Other Assets and Liabilities and Liabilities Subject to Compromise
    8  
Note 6:  
DIP Facility
    9  
Note 7:  
Rejected Contracts and Related Matters
    10  
Note 8:  
General and Administrative Expenses and Reorganization Items
    10  
 
Schedules:  
 
       
   Schedule I  
Schedule of Consolidating Condensed Statement of Income and Comprehensive Income for the Period Ended April 30, 2009
    12  
   Schedule II  
Schedule of Consolidating Condensed Balance Sheet as of April 30, 2009
    13  
   Schedule III  
Schedule of Payroll and Payroll Taxes
    14  
   Schedule IV  
Schedule of Federal, State and Local Taxes
    15  
   Schedule V  
Schedule of Total Disbursements by Debtor
    19  
   Schedule VI  
Schedule of Debtors’ Operating Property Aged Tenant Accounts Receivable
    26  
   Schedule VII  
Status of Mortgages Payable For Debtors
    27  
   Schedule VIII  
Retained Professionals Detail
    31  
   Schedule IX  
Debtors Questionnaire
    32  
 
   Annex A  
List of Debtors and Operating Properties
    33  


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
CONSOLIDATED CONDENSED
STATEMENT OF INCOME AND COMPREHENSIVE INCOME
(UNAUDITED)
         
    Period Ended  
    April 30, 2009  
    (In thousands,  
    except for  
    per share amounts)  
Revenues:
       
Minimum rents
  $ 66,817  
Tenant recoveries
    30,788  
Overage rents
    838  
Land sales
    260  
Other
    2,555  
 
     
Total revenues
    101,258  
 
     
Expenses:
       
Real estate taxes
    9,766  
Repairs and maintenance
    6,499  
Marketing
    970  
Ground and other rents
    403  
Other property operating costs
    12,558  
Land sales operations
    609  
Provision for doubtful accounts
    93  
Property management and other costs
    2,468  
General and administrative
    928  
Provisions for impairment
    19  
Depreciation and amortization
    25,248  
 
     
Total expenses
    59,561  
 
     
Operating income
    41,697  
 
Interest (expense) income, net
    (44,574 )
 
     
Loss before income taxes, noncontrolling interests, equity in income of Unconsolidated Real Estate Affiliates and reorganization items
    (2,877 )
Provision for income taxes
    (799 )
Equity in income of Unconsolidated Real Estate Affiliates
    305  
Reorganization items
    (3,990 )
 
     
Net loss
    (7,361 )
Allocation to noncontrolling interests
    (169 )
 
     
Net loss attributable to common stockholders
  $ (7,530 )
 
     
 
Basic and Diluted Loss Per Share:
  $ (0.02 )
Dividends declared per share
     
 
Comprehensive Loss, Net:
       
Net loss
  $ (7,530 )
Other comprehensive income:
       
Net unrealized losses on financial instruments
    (1,410 )
Accrued pension adjustment
    2,296  
Foreign currency translation
    8,277  
Unrealized losses on available-for-sale securities
    (25 )
 
     
Other comprehensive income
    9,138  
 
     
Comprehensive income attributable to common stockholders
  $ 1,608  
 
     
The accompanying notes are an integral part of these consolidated condensed financial statements.


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
CONSOLIDATED CONDENSED BALANCE SHEET
(UNAUDITED)
         
    April 30,  
    2009  
 
  (Dollars in thousands)
Assets:
 
Investment in real estate:
       
Land
  $ 2,946,039  
Buildings and equipment
    19,482,021  
Less accumulated depreciation
    (3,792,101 )
Developments in progress
    973,790  
 
     
Net property and equipment
    19,609,749  
Investment in and loans to/from Unconsolidated Real Estate Affiliates
    406,400  
Investment property and property held for development and sale
    1,098,098  
Investment in consolidated non-debtor entities
    2,169,750  
 
     
Net investment in real estate
    23,283,997  
Cash and cash equivalents
    62,136  
Accounts and notes receivable, net
    330,646  
Goodwill
    230,901  
Deferred expenses, net
    231,734  
Prepaid expenses and other assets
    636,474  
 
     
Total assets
  $ 24,775,888  
 
     
 
Liabilities and Equity:
       
Deferred tax liabilities
  $ 891,849  
Accounts payable and accrued expenses
    37,448  
 
     
Liabilities not subject to compromise
    929,297  
Mortgages, notes and loans payable
    21,778,758  
Accounts payable and accrued expenses
    1,174,613  
 
     
Liabilities subject to compromise
    22,953,371  
 
     
Total liabilities
    23,882,668  
 
     
 
Redeemable noncontrolling interests:
       
Preferred
    120,756  
Common
    6,698  
 
     
Total redeemable noncontrolling interests
    127,454  
 
     
 
Commitments and Contingencies
     
 
Preferred Stock: $100 par value; 5,000,000 shares authorized; none issued and outstanding
     
 
Equity:
       
Common stock: $.01 par value; 875,000,000 shares authorized, 313,765,799 shares issued as of April 30, 2009
    3,137  
Additional paid-in capital
    9,580,621  
Retained earnings (accumulated deficit)
    (8,700,731 )
Accumulated other comprehensive loss
    (54,169 )
Less common stock in treasury, at cost, 1,449,939 shares as of April 30, 2009
    (76,752 )
 
     
Total stockholder’s equity
    752,106  
Noncontrolling interests in consolidated real estate affiliates
    13,660  
 
     
Total equity
    765,766  
 
     
Total liabilities and equity
  $ 24,775,888  
 
     
The accompanying notes are an integral part of these consolidated condensed financial statements.


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
NOTE 1 Chapter 11 Cases and Proceedings
On April 16, 2009 (the “Commencement Date”), General Growth Properties, Inc. (the “Company”), GGP Limited Partnership (“GGPLP”) and certain of the Company’s domestic subsidiaries (collectively, the “April 16 Debtors”) each filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (“Chapter 11”). On April 23, an additional 28 of the Company’s domestic subsidiaries (the “April 22 Debtors”) also filed voluntary petitions for Chapter 11 relief. The 388 Debtors’ cases (collectively, the “Chapter 11 Cases”) are pending in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) and are jointly administered. The April 16 Debtors and April 22 Debtors (collectively, the “Debtors”) own and operate approximately 166 regional shopping centers. The Debtors intend to work with their constituencies to emerge from bankruptcy as quickly as possible while executing a plan of reorganization that extends mortgage maturities, reduces corporate debt and overall leverage, and preserves GGP’s integrated, national business operations. A list of the Debtors and the properties affected by these Chapter 11 Cases (each an “Operating Property” and, collectively, the “Operating Properties”) is included in this report as Annex A. As many of the parties affected by, or interested in, the Chapter 11 Cases identify a Debtor by the Operating Property that it owns and/or manages, rather than by such Debtor’s legal name, where appropriate, the Company has reported information on either a by Debtor or by Operating Property basis.
Pursuant to Chapter 11 (specifically including, but not limited to, 11 U.S.C. § 362), a debtor is afforded certain protection against its creditors. Chapter 11 prohibits creditors from taking certain actions (such as pursuing collection efforts or proceeding to foreclose on secured obligations) related to debts that may have been owing prior to the Commencement Date. In conjunction with the petitions, the Debtors requested the Bankruptcy Court to permit the Chapter 11 Cases to be jointly administered and to approve certain other actions and procedures relative to the operations of the Debtors subsequent to the Commencement Date. Such approvals were obtained on an interim basis on April 16th and April 23rd, respectively.
On May 8, 2009, the Bankruptcy Court approved, on a final basis, the Debtors request to, among other things, honor certain prepetition obligations to its employees, taxing authorities and certain of its critical service providers, as well as continue their business in the ordinary course during the pendency of Chapter 11 Cases. At that hearing, the Debtors sought authority to enter into a postpetition financing arrangement with a prospective lender after a competitive bidding process. However, as a result of objections raised by a number of interested parties in the Chapter 11 Cases, the Debtors reopened the selection process for their postpetition financing and, on May 11, 2009, held an auction to consider additional bids by interested lenders. On May 14, 2009, the Bankruptcy Court approved the Debtors’ entry into the DIP Facility, as defined and further discussed in Note 6. On May 14, 2009, the Bankruptcy Court also approved, on a final basis, the Debtors’ request to honor certain prepetition obligations to tenants and continue use of the Debtors’ centralized cash management system.
Since approval of the DIP Facility, the Debtors have focused on stabilizing their business and maintaining profitability during the Chapter 11 Cases. To that end, on June 1, 2009, the Debtors filed a variety of motions with the Bankruptcy Court to facilitate their transition into Chapter 11 and to allow for certain ordinary course transactions to continue on a postpetition basis. By these motions, the Debtors requested, among other things: (i) an extension of the Debtors’ deadline to file their Schedules of Assets and Liabilities and Statement of Financial Affairs and Schedules through July 31, 2009; (ii) authorization to conduct certain ordinary course sales without further notice or order from the Bankruptcy Court; (iii) authorization to retain their ordinary course (non-restructuring) professionals during the pendency of the Chapter 11 Cases; (iv) authorization to establish procedures for the settlement of certain prepetition mechanics’ lien claims; and (v) authorization to establish certain procedures with respect to, and be granted limited authority to settle, personal injury claims, tenant rent collection matters, and certain de minimis customer accommodations. A hearing on these ordinary course motions is expected to occur on June 24, 2009.
Certain parties have filed motions to dismiss certain of the Debtors from the Chapter 11 Cases on the grounds that, among other things, their bankruptcy filings were not properly authorized. The Debtors, by and through their counsel, are contesting these motions.

5


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
NOTE 2 Basis of Presentation
The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. In particular, as the Debtors are currently operating under the provisions of Chapter 11, these consolidated condensed financial statements have been prepared in accordance with AICPA Statement of Position 90-7, “Financial Reporting by Entities in Reorganization Under the Bankruptcy Code”, as amended (“SOP 90-7”). Accordingly, our consolidated financial statements do not reflect any adjustments related to the recoverability of assets and satisfaction of liabilities that might be necessary should we be unable to continue as a going concern. However, in accordance with SOP 90-7, all prepetition liabilities subject to compromise (“LSTC” — see Note 5) have been segregated from liabilities not subject to compromise in the consolidated balance sheet and have been classified as LSTC, at the estimated amount of allowed claims. Interest expense related to prepetition LSTC has been reported only to the extent that it is estimated to be paid during the pendency of the Chapter 11 Cases, is permitted by the Bankruptcy Court, or is expected to be an allowed claim and may be paid or settled for less than the amount reported. In addition, to the extent any interest expense is unpaid, such accrued amounts may be paid or settled, in full or partially, in the form of equity and/or cash or any combination thereof. Expenses, provisions for losses resulting from the reorganization and certain other items directly related to the Chapter 11 Cases are reported separately in our consolidated condensed statement of operations as reorganization items (Note 8).
The Monthly Operating Report is limited in scope, covers a limited time period, and has been prepared solely for the purpose of complying with the monthly reporting requirements of the Office of the United States Trustee (the “U.S. Trustee”) and the Bankruptcy Court. As a result, only relevant financial information for the Debtors has been included in the information presented in the Monthly Operating Report. Accordingly, a significant number of legal entities owned by GGP, and the related assets, liabilities and operating results of such entities, have been excluded from this Monthly Operating Report as such entities are operating outside of the provisions of Chapter 11. The Debtors’ ownership interest in such excluded entities (the “Non-Debtors”) has been reflected as Investment in consolidated non-debtors and the related earnings (at the Debtors’ ownership share, typically 100%) has been reflected within Equity in Income of Real Estate Affiliates. In addition, in the Consolidated Condensed Statement of Income and Comprehensive Income, the operations for the April 16 Debtors and the April 22 Debtors are presented from the respective commencement dates forward. As a result, the unaudited financial statements contained in this Monthly Operating Report are not consistent with any of our financial statement filings submitted to the United States Securities and Exchange Commission (the “SEC”) for this or any previous or future period.
The unaudited financial statements for the Debtors contained in this Monthly Operating Report have been derived from the books and records of the Company. All significant intercompany balances and transactions between the Debtors have been eliminated. All intercompany balances with non-debtor entities are non-interest bearing, unsecured, payable on demand and have been reflected as a component of equity. In addition, the financial information contained in such financial statements for the Debtors is preliminary and unaudited and does not purport to show the results of operations or statement of position of the Debtors in accordance with GAAP as, primarily, only normal recurring adjustments are made for the routine monthly closing of our books. Accordingly, certain reclassifications, eliminations, accruals, valuations, reserve adjustments and disclosure items have not been prepared for the purposes of this Monthly Operating Report. If this information had been subject to the procedures performed to prepare our quarterly and annual financial information in accordance with GAAP and the rules and regulations of the SEC, we believe that the financial information could be subject to changes and such changes could be material. Therefore, there can be no assurance that the financial information for the Debtors is complete and readers are strongly cautioned not to place undue reliance upon the Monthly Operating Report.
Readers of this Monthly Operating Report should refer to the Company’s audited Consolidated Financial Statements for the year ended December 31, 2008 which are included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008 (the “Annual Report”) and the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2009 (the “2009 Interim Report”), as

6


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
certain footnote disclosures which would substantially duplicate those contained in our Annual Report and such 2009 Interim Report have been omitted from this report. Capitalized terms used, but not defined, in this Monthly Operating Report have the same meanings as in our Annual Report.
NOTE 3 Summary of Significant Accounting Policies
See Note 2 “Summary of Significant Accounting Policies” in the Notes to Consolidated Financial Statements included in our Annual Report and Note 1 “Organization” in the Notes to Consolidated Financial Statements included in our 2009 Interim Report for a summary of the accounting policies that we consider to be significant to us.
NOTE 4 Cash, Cash Equivalents and Amounts Applicable to Debtor First-Lien Holders
In general, each of the Operating Properties collects cash receipts in a property-specific lockbox and such receipts are transferred daily to a centralized GGPLP cash management account from which cash disbursements are funded. Accordingly, none of the Debtors that directly or indirectly own specific Operating Properties disburse funds to outside parties; all such disbursements are made by GGPLP on behalf of such Debtors. Therefore, at any and all points in time, GGPLP maintains, for each Debtor, an individual net balance of all such cash transfers and disbursements made that pertain to such Debtor. This inter-company account between GGPLP and the respective Debtor is reconciled monthly. As described in Note 1, the Bankruptcy Court has approved the continuation of this centralized cash management system. Mortgage lenders to the Operating Properties were granted a lien on the centralized GGPLP cash management account. In addition, the Debtors agreed to maintain a cash reserve in such account equal to the balance of the cumulative cash transfers from the Operating Properties subject to first-liens, as reduced by cumulative disbursements on behalf of such Operating Properties since the Commencement Date.
On April 30, 2009, the aggregate cumulative postpetition inter-company amounts due (to) from GGPLP was $27.7 million In addition, as of April 30, 2009, the aggregate amount held in the combined GGPLP cash account upon which the first-lien holders have such lien rights was approximately $237.1 million.
All bank accounts, both property specific and centralized, are reconciled monthly. Highly-liquid investments with maturities at dates of purchase of three months or less are classified as cash equivalents. As part of the adequate protection being provided to lenders to the Operating Properties, the Debtors will continue to provide reporting information to those lenders as required by their individual loan agreements. The Debtors have agreed to provide such information to the Office of the United States Trustee on a confidential basis upon reasonable request.

7


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
NOTE 5 Certain Other Assets and Liabilities and Liabilities Subject to Compromise
The following table summarizes the significant components of the Debtors’ prepaid expenses and other assets as of April 30, 2009:
         
    April 30,  
    2009  
    (In thousands)  
Below-market ground leases
  $ 184,643  
Receivables — finance leases and bonds
    80,893  
Security and escrow deposits
    83,296  
Real estate tax stabilization agreement
    74,223  
Prepaid expenses
    66,374  
Special Improvement District receivable
    50,236  
Above-market tenant leases
    30,661  
Deferred tax
    20,076  
Other
    46,072  
 
     
Total prepaid expenses and other assets
  $ 636,474 *
 
     
 
*   Excludes certain reclassifications and accruals that are only prepared on a quarterly basis.
The components of the Debtors’ consolidated security and escrow deposits as of April 30, 2009 are summarized as follows:
         
    Total  
    (In thousands)  
Debt Service Escrows
  $ 3,704  
Real Estate Tax Escrows
    19,576  
Construction/major maintenance reserves
    6,734  
Security/project reserves
    23,252  
Collateralized letters of credit and other credit support
    1,905  
Operating funds — cash traps
    26,623  
Other
    1,502  
 
     
Total security and escrow deposits
  $ 83,296  
 
     

8


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
The following table summarizes the significant components of the Debtors’ accounts payable and accrued expenses as of April 30, 2009. No significant amounts included in the unpaid or accrued balances listed below are past due at April 30, 2009.
         
    April 30,  
    2009  
    (In thousands)  
Accounts payable and accrued expenses
  $ 175,269  
Construction payable
    176,542  
Additional purchase price for The Palazzo
    56,013  
FIN 48 liability
    131,449  
Accrued interest
    185,940  
Accrued real estate taxes
    84,782  
Below-market tenant leases
    67,716  
Deferred gains/income
    72,278  
Hughes participation payable
    72,755  
Accrued Payroll and other employee liabilities
    47,176  
Unapplied cash receipts
    36,427  
Derivative financial instruments
    14,581  
Tenant and other deposits
    18,216  
FIN 47 liability
    20,134  
Accounts payable to affiliates
    (32,221 )
Above-market ground leases
    13,733  
Insurance reserve
    17,553  
Capital lease obligations
    8,188  
Nouvelle at Natick deferred revenue
    13,838  
Other
    31,692  
 
     
Total accounts payable and accrued expenses
    1,212,061  
Less: liabilities not subject to compromise
    (37,448 )
 
     
Total liabilities subject to compromise
  $ 1,174,613 *
 
     
 
*   Excludes certain reclassifications, eliminations and accruals that are prepared on a quarterly basis only.
The following table summarizes the amounts of LSTC at April 30, 2009:
         
    (In thousands)  
Accounts payable and accrued expenses
  $ 1,174,613  
Mortgages and secured notes
    15,158,357  
Unsecured notes
    6,620,401  
 
     
Total liabilities subject to compromise
  $ 22,953,371  
 
     
NOTE 6 DIP Facility
On May 14, 2009, the Bankruptcy Court issued an order authorizing certain Debtors to enter into a Senior Secured Debtor in Possession Credit, Security and Guaranty Agreement among the Company, as co-borrower, GGP Limited Partnership, as co-borrower, certain of their subsidiaries, as guarantors, UBS AG, Stamford Branch, as agent (the “DIP Agent”), and the lenders party thereto (the “DIP Facility”).

9


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
The DIP Facility provides for an aggregate commitment of $400 million (the “DIP Term Loan”), which will be used to refinance certain prepetition secured indebtedness and provide additional liquidity to the Debtors during the pendency of the Chapter 11 Cases. The DIP Facility provides that principal outstanding on the proposed DIP Term Loan will bear interest at an annual rate equal to LIBOR (subject to a minimum LIBOR floor of 1.5%) plus 12%.
Subject to certain conditions precedent, the Company will have the right to elect to repay all or a portion of the outstanding principal amount of the DIP Term Loan, plus accrued and unpaid interest thereon and all exit fees at maturity, by issuing (i) common stock of the Company to the lenders (the “Equity Conversion”) or (ii) debt to the lenders, which would be issued for a three-year term, prepayable at any time without penalty or premium, and otherwise on terms substantially similar to those of the DIP Term Loan. Any Equity Conversion will be limited to the lenders’ receipt of Company common stock equaling no more than (i) 8.0% of the Company common stock distributed in connection with the Debtors’ plan of reorganization, as confirmed by the Bankruptcy Court (the “ Plan of Reorganization ”), on a fully-diluted basis, or (ii) 9.9% of the Company common stock actually distributed in connection with the Plan of Reorganization on its effective date, without giving effect to common stock held back for the payment of contingencies. The DIP Credit Agreement contains customary covenants, representations and warranties, and events of default, including obligations to periodically provide certain operating information concerning the Debtors directly to the DIP Agent. On May 15, 2009, the DIP Term Loan closed and the Company used approximately $225 million of the $400 million in proceeds to repay certain pre-petition secured indebtedness.
NOTE 7 Rejected Contracts and Related Matters
In addition to our mortgage and other debt, current liabilities and liens, the Debtors are party to numerous executory contracts. Under Chapter 11, the Debtors, subject to the approval of the Bankruptcy Court, may assume or reject these contracts. Although the Debtors are reviewing the potential rejection of certain of their contracts (except for their operating tenant leases), none have been rejected as of this time. Claims may result if an executory contract is rejected.
NOTE 8 General and Administrative Expenses and Reorganization Items
General and Administrative expenses consist of the centralized costs of managing the portfolio of assets owned by the Company, which includes the Debtors. Significant subcategories of such overhead costs are listed in the following schedule:
         
    Period ended  
General and Administrative Expenses   April 30, 2009  
    (In thousands)  
Insider compensation
  $ 626  
Professional fees*
    52  
Supplies and office costs
    4  
Public Company expense
    137  
Fees, insurance and other
    109  
 
     
Total general and administrative
  $ 928  
 
     
 
*   Routine operating professional fees only, professional fees related to strategic initiatives are reported separately as a reorganization item.

10


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
Reorganization items represent the direct and incremental costs of operating subject to the provisions of Chapter 11, such as professional fess, prepetition liability claim adjustments related to terminated contracts that are probable and can be estimated, and charges related to expected allowed claims. The table below lists the significant items recognized by their category for the period ended April 30, 2009 (in thousands):
         
    Period ended  
Reorganization Items income (expense)   April 30, 2009  
    (In thousands)  
Gains on liabilities subject to compromise (1)
  $  
Interest income (2)
    (32 )
U.S. Trustee fees (3)
    177  
Restructuring costs (4)
    3,845  
Debtor In Possession deferred financing costs
     
Total reorganization items
  $ 3,990  
 
     
 
(1)   This charge primarily includes repudiation, rejection or termination of contracts or guarantee of obligations.
 
(2)   Interest income primarily reflects amounts earned on cash accumulated as a result of our Chapter 11 cases.
 
(3)   Estimate of fees due for applicable reporting period remain subject to confirmation and review by the U.S. Trustee.
 
(4)   See Schedule VIII.

11


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE I
CONSOLIDATING CONDENSED STATEMENT OF INCOME AND COMPREHENSIVE INCOME
(UNAUDITED)
                         
    Period Ended April 30, 2009  
                    Consolidated  
    Debtors     Eliminations     Debtors  
    (In thousands, except for per share amounts)  
Revenues:
                       
Minimum rents
  $ 67,075     $ (258 )   $ 66,817  
Tenant recoveries
    30,788             30,788  
Overage rents
    838             838  
Land sales
    260             260  
Other
    2,629       (74 )     2,555  
 
                 
Total revenues
    101,590       (332 )     101,258  
 
                 
Expenses:
                       
Real estate taxes
    9,766             9,766  
Repairs and maintenance
    6,499             6,499  
Marketing
    970             970  
Ground and other rents
    494       (91 )     403  
Other property operating costs
    12,573       (15 )     12,558  
Land sales operations
    609             609  
Provision for doubtful accounts
    93             93  
Property management and other costs
    2,690       (222 )     2,468  
General and administrative
    933       (5 )     928  
Provisions for impairment
    19             19  
Depreciation and amortization
    25,250       (2 )     25,248  
 
                 
Total expenses
    59,896       (335 )     59,561  
 
                 
Operating income
    41,694       3       41,697  
 
                       
Interest (expense) income, net
    (44,670 )     96       (44,574 )
 
                 
Net (loss) income before income taxes, noncontrolling interests, equity in income of Unconsolidated Real Estate Affiliates and reorganization items
    (2,976 )     99       (2,877 )
Provision for income taxes
    (799 )           (799 )
Equity in income of Unconsolidated Real Estate Affiliates
    305             305  
Reorganization items
    (3,990 )           (3,990 )
 
                 
Net (loss) income
    (7,460 )     99       (7,361 )
Allocation to noncontrolling interests
    (389 )     220       (169 )
 
                 
Net (loss) income attributable to common stockholders
  $ (7,849 )   $ 319     $ (7,530 )
 
                 
 
                       
Basic and Diluted Earnings Per Share:
  $ (0.02 )   $ 0.00     $ (0.02 )
Dividends declared per share
                 
 
                       
Comprehensive Income, Net:
                       
Net (loss) income
  $ (7,849 )   $ 319     $ (7,530 )
Other comprehensive income:
                       
Net unrealized losses on financial instruments
    (705 )     (705 )     (1,410 )
Accrued pension adjustment
    2,351       (55 )     2,296  
Foreign currency translation
    9,020       (743 )     8,277  
Unrealized losses on available-for-sale securities
    (13 )     (12 )     (25 )
 
                 
Other comprehensive income (loss)
    10,653       (1,515 )     9,138  
 
                 
Comprehensive income (loss) attributable to common stockholders
  $ 2,804     $ (1,196 )   $ 1,608  
 
                 
The accompanying notes are an integral part of these consolidated financial statements.

12


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE II
CONSOLIDATED CONDENSED BALANCE SHEET
(UNAUDITED)
                         
    April 30, 2009  
                    Consolidated  
    Debtors     Eliminations     Debtors  
            (In thousands)          
Assets:
                       
Investment in real estate:
                       
Land
  $ 2,946,039     $     $ 2,946,039  
Buildings and equipment
    19,484,294       (2,273 )     19,482,021  
Less accumulated depreciation
    (3,792,186 )     85       (3,792,101 )
Developments in progress
    974,033       (243 )     973,790  
 
                 
Net property and equipment
    19,612,180       (2,431 )     19,609,749  
Investment in and loans to/from Unconsolidated Real Estate Affiliates
    626,517       (220,117 )     406,400  
Investment property and property held for development and sale
    1,098,098             1,098,098  
Investment in consolidated non-debtor entities
    16,438,563       (14,268,813 )     2,169,750  
 
                 
Net investment in real estate
    37,775,358       (14,491,361 )     23,283,997  
Cash and cash equivalents
    62,136             62,136  
Accounts and notes receivable, net
    331,631       (985 )     330,646  
Goodwill
    230,901             230,901  
Deferred expenses, net
    231,734             231,734  
Prepaid expenses and other assets
    655,000       (18,526 )     636,474  
 
                 
Total assets
  $ 39,286,760     $ (14,510,872 )   $ 24,775,888  
 
                 
 
                       
Liabilities and Equity:
                       
Deferred tax liabilities
  $ 891,849     $     $ 891,849  
Accounts payable and accrued expenses
    41,412       (3,964 )     37,448  
 
                 
Total liabilities not subject to compromise
    933,261       (3,964 )     929,297  
Mortgages, notes and loans payable
    22,255,321       (476,563 )     21,778,758  
Accounts payable and accrued expenses
    1,190,160       (15,547 )     1,174,613  
 
                 
Liabilities subject to compromise
    23,445,481       (492,110 )     22,953,371  
 
                 
Total liabilities
    24,378,742       (496,074 )     23,882,668  
 
                 
 
                       
Redeemable noncontrolling interests:
                       
Preferred
    120,756             120,756  
Common
    23,255       (16,557 )     6,698  
 
                 
Total redeemable noncontrolling interests
    144,011       (16,557 )     127,454  
 
                 
 
                       
Commitments and Contingencies
                 
 
                       
Preferred Stock: $100 par value; 5,000,000 shares authorized; none issued and outstanding
                 
 
                       
Equity:
                       
Common stock: $.01 par value; 875,000,000 shares authorized, 313,765,799 shares issued as of April 30, 2009
    3,137             3,137  
Additional paid-in capital
    9,575,622       4,999       9,580,621  
Retained earnings (accumulated deficit)
    5,302,509       (14,003,240 )     (8,700,731 )
Accumulated other comprehensive loss
    (54,169 )           (54,169 )
Less common stock in treasury, at cost, 1,449,939 shares as of April 30, 2009
    (76,752 )           (76,752 )
 
                 
Total stockholder’s equity
    14,750,347       (13,998,241 )     752,106  
Noncontrolling interests in consolidated real estate affiliates
    13,660             13,660  
 
                 
Total equity
    14,764,007       (13,998,241 )     765,766  
 
                 
Total liabilities and equity
  $ 39,286,760     $ (14,510,872 )   $ 24,775,888  
 
                 
The accompanying notes are an integral part of these consolidated condensed financial statements.

13


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE III
SCHEDULE OF PAYROLL AND PAYROLL TAXES
(UNAUDITED)
as of and for the period ended April 30, 2009
         
    Employee Payroll   Employer Payroll
Gross Wage Expense   Taxes Withheld*   Taxes Remitted**
(In thousands)
$7,319
  $1,630   $504
 
*   Employee Payroll Taxes are withheld each pay period and remitted by the Company, together with the Employer Payroll Taxes, to the appropriate tax authorities.
 
**   Gross Wages are generally paid by the Company on behalf of the Debtors every two weeks, and were last paid in this period, including withholding amounts, on April 24, 2009.

14


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE IV
SCHEDULE OF FEDERAL, STATE AND LOCAL TAXES
(UNAUDITED)
                 
            Amounts paid  
    Amount accrued     Period Ended  
    April 30, 2009     April 30, 2009  
    (In thousands)  
Federal and state income taxes
  $ 5,918     $  
 
           
State and local taxes:
               
Property *
    84,782       515  
Sales and use
    2,515        
Franchise
    3,132        
Other
    41        
 
           
Total state and local taxes
    90,470       515  
 
           
Total taxes
  $ 96,388     $ 515  
 
           
 
*   Additional detail on the property taxes by Operating Property is listed below.

15


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE IV — Continued
SCHEDULE OF PROPERTY TAXES
(UNAUDITED)
                 
    Property Tax  
            Amount Paid  
    Amount Accrued     Period Ended  
Operating Property   April 30, 2009     April 30, 2009  
4848 OUTPARCEL
  $ 39,584        
ALA MOANA CENTER
    3,513,482        
ALAMEDA PLAZA
    149,143        
ANIMAS VALLEY MALL
    192,038        
ARIZONA CENTER
    65,861        
ARIZONA CENTER ARIZONA CENTER ONE
    200,644       16,110  
ARIZONA CENTER ARIZONA CENTER TWO
    197,353       12,852  
ARIZONA CENTER CINEMA
    25,460        
ARIZONA CENTER GARDEN OFFICE
    17,712        
ARIZONA CENTER OFFICE
    36,196        
ARIZONA CENTER PARKING
    56,058       7,476  
AUGUSTA MALL
    230,585        
AUGUSTA MALL ANCHOR ACQ
    108,333        
AUSTIN BLUFFS PLAZA
    43,223        
BASKIN ROBBINS
    5,145        
BEACHWOOD PLACE
    2,977,129        
BELLIS FAIR
    150,575        
BIRCHWOOD MALL
    247,501        
BOISE TOWN SQUARE ANCHOR ACQ
    69,771        
BOISE TOWNE PLAZA
    201,264        
BOISE TOWNE SQUARE
    1,706,136        
BURLINGTON TOWN CENTER
    44,783        
BURLINGTON TOWN CENTER OFFICE
    8,084        
CACHE VALLEY MALL
    95,444        
CACHE VALLEY MARKETPLACE
    37,848        
CAPITAL MALL
    104,336        
CENTURY PLAZA
    56,948        
CHAPEL HILLS MALL
    1,006,992        
CHICO MALL
    422,040        
COLLIN CREEK
    592,280        
COLONY SQUARE MALL
    312,575        
COLUMBIA MALL
    182,596        
COLUMBIANA CENTER
    495,482        
CORONADO MALL
    611,141        
COTTONWOOD MALL
    105,751        
COTTONWOOD SQUARE
    14,184        
COUNTRY HILL PLAZA
    45,012        
CROSSROADS CENTER (MN)
    963,368        
DEERBROOK MALL
    574,703        
DEERBROOK MALL ANCHOR ACQ
    36,233        
EAGLE RIDGE MALL
    179,550        
EASTRIDGE MALL (CA)
    421,433        
EASTRIDGE MALL (WY)
    225,246        
EDEN PRAIRIE CENTER
    1,395,427        
EDEN PRAIRIE CENTER ANCHOR ACQ
    72,269        
FANEUIL HALL MARKETPLACE
    368,846        
FASHION PLACE
    387,762        
FASHION SHOW
    242,124        
FOOTHILLS MALL
    893,249        
FORT UNION
    21,692        
FOUR SEASONS TOWN CENTRE MALL
    574,137        
FOX RIVER MALL
    1,190,720        
GATEWAY CROSSING SHOPPING CTR
    63,664        
GGPLP-SHARED
    1,072,689        
GLENBROOK SQUARE
    5,787,515        
GLENBROOK SQUARE ANCHOR ACQ
    157,884        
GRAND TETON MALL
    645,890        
GRAND TETON PLAZA
    145,997        
GRAND TRAVERSE MALL
    204,692        
GREENWOOD MALL
    161,192        
HULEN MALL
    668,800        
JORDAN CREEK TOWN CENTER
    3,607,551        
KNOLLWOOD MALL
    176,867        
LAKEVIEW SQUARE
    282,631        
LANDMARK MALL
    441,531        
LANSING MALL
    412,196        
LINCOLNSHIRE COMMONS
    534,798        
LYNNHAVEN MALL
    862,699        
MALL AT SIERRA VISTA
    385,059        
MALL OF LOUISIANA
    1,227,733        
MALL OF LOUSIANA POWER CENTER
    81,667        
MALL OF THE BLUFFS
    1,807,554        
MALL ST. MATHEWS
    265,339        
MALL ST. VINCENT
    208,333        

16


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE IV — Continued
SCHEDULE OF PROPERTY TAXES
(UNAUDITED)
                 
    Property Tax  
            Amount Paid  
    Amount Accrued     Period Ended  
Operating Property   April 30, 2009     April 30, 2009  
MARKET PLACE SHOPPING CENTER
    2,149,560        
MAYFAIR BANK TOWER
    201,703        
MAYFAIR MALL
    2,916,755        
MAYFAIR NORTH TOWER
    205,945        
MAYFAIR PROFESSIONAL
    80,510        
MAYFAIR-AURORA HEALTH CENTER
    191,929        
MORENO VALLEY MALL
    44,991        
NEWGATE MALL
    240,215        
NEWPARK MALL
    67,390        
NEWPARK MALL ANCHOR ACQ
    52,001        
NORTH PLAINS MALL
    49,007        
NORTH POINT MALL
    824,889        
NORTH STAR MALL
    2,931,748        
NORTH STAR MALL ANCHOR ACQ
    339,593        
NORTH TOWN MALL
    367,988        
NORTHGATE MALL
    216,068        
NORTHRIDGE FASHION CENTER
    10,668        
OAKWOOD CENTER
    153,683        
OAKWOOD MALL
    967,627        
OGLETHORPE MALL
    449,793        
OREM PLAZA CENTER STREET
    24,331        
OREM PLAZA STATE STREET
    11,282        
OVIEDO MARKETPLACE
    296,667        
OXMOOR MALL
    248,127        
PARK CITY CENTER
    2,375       447,169  
PARK PLACE
    996,227        
PARK WEST
    438,358        
PEACHTREE MALL
    479,603        
PECANLAND MALL
    212,200        
PECANLAND MALL ANCHOR ACQ
    16,800        
PIEDMONT MALL
    75,656        
PIERRE BOSSIER MALL
    78,667        
PINE RIDGE MALL
    369,918        
PLAZA 9400
    42,796        
PROVO PLAZA
    12,596        
RED CLIFFS MALL
    103,583        
RED CLIFFS PLAZA
    20,349        
REDLANDS PROMENADE
    (43,086 )      
REGENCY SQUARE MALL
    529,680        
RIDGEDALE CENTER
    1,176,356        
RIO WEST MALL
    210,088        
RIVER FALLS
    1,100,000        
RIVER HILLS MALL
    2,109,940        
RIVER POINTE PLAZA
    35,616        
RIVERLANDS SHOPPING CENTER
    19,433        
RIVERSIDE PLAZA
    48,492        
RIVERTOWN CROSSINGS
    1,045,963        
SAINT LOUIS GALLERIA
    1,336,124        
SALEM CENTER
    1,182        
SIKES SENTER
    488,368        
SILVER LAKE MALL
    198,760        
SOONER MALL
    132,880        
SOUTH STREET MARKETPLACE THEAT
    156,361        
SOUTHLAKE MALL
    349,535        
SOUTHSHORE MALL
    44,961        
SOUTHWEST OFF CTR I
    136,651        
SOUTHWEST OFF CTR II
    52,373        
SOUTHWEST PLAZA
    2,046,731        
SPRING HILL MALL
    2,945,694        
ST LOUIS GALLERIA ANCH ACQ
    65,007        
THE BRIDGES AT MINT HILL
    6,096        
THE COMMONS AT FOOTHILLS MALL
    36,630        
THE CROSSROADS (MI)
    420,504        
THE GALLERY AT HARBORPLACE-GARAGE
    803,750        
THE MAINE MALL
    315,655        
THE PINES
    148,333        
THE PLAZA AT FOOTHILLS MALL
    65,487        
THE SHOPPES AT THE PALAZZO
    2,596,426        
THE SHOPS AT FALLEN TIMBERS
    1,483,740        
THE SHOPS AT FOOTHILLS MALL
    102,285        
THE SHOPS AT SUMMERLIN CENTRE
    207,600        
THE WOODLANDS MALL
    556,579        
THE WOODLANDS MALL ANCHOR ACQ
    32,267        
THREE RIVERS MALL
    67,660        

17


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE IV — Continued
SCHEDULE OF PROPERTY TAXES
(UNAUDITED)
                 
    Property Tax  
            Amount Paid  
    Amount Accrued     Period Ended  
Operating Property   April 30, 2009     April 30, 2009  
TOWN EAST MALL
    1,304,771        
TUCSON ANCHOR ACQ
    20,333        
TUCSON ENTERTAINMENT PAVILION
    33,180        
TUCSON MALL
    322,113        
TWINS FALLS CROSSINGS
    27,590        
TYSONS GALLERIA
    726,585        
UNIVERSITY CROSSING
    74,683        
VALLEY HILLS MALL
    161,872        
VALLEY PLAZA MALL
    371,163        
VICTORIA WARD SHARED OPERATION
    85,165        
VILLAGE AT JORDAN CREEK
    943,792        
VISALIA MALL
    141,699        
VISTA RIDGE MALL
    801,505        
WASHINGTON PARK MALL
    56,201        
WEST VALLEY MALL
    233,782       31,207  
WESTWOOD MALL
    84,008        
WHITE MOUNTAIN MALL
    83,365        
WILLOWBROOK MALL (NJ)
    617,964        
WOODBRIDGE CENTER
    518,763        
WOODLANDS VILLAGE
    98,964        
YELLOWSTONE SQUARE
    35,412        
LUFKIN MALL
           
 
           
 
  $ 84,782,366       514,814  
 
           

18


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
South Street Seaport Limited Partnership
    09-11963     $ 21,493  
Seaport Marketplace, LLC
    09-11964        
Seaport Marketplace Theatre, LLC
    09-11965        
Lockport L.L.C.
    09-11966       1,054  
RASCAP Realty, Ltd.
    09-11967        
Bellis Fair Partners
    09-11968        
GGP-Mint Hill L.L.C.
    09-11969        
Pines Mall Partners
    09-11970        
GGP-Grandville L.L.C.
    09-11971        
GGP-Grandville II L.L.C.
    09-11972        
GGP-Redlands Mall, L.P.
    09-11973        
La Place Shopping, L.P.
    09-11974       2,548  
GGP-Tucson Land L.L.C.
    09-11975        
Tucson Anchor Acquisition, LLC
    09-11976       15  
General Growth Properties, Inc.
    09-11977        
GGP Limited Partnership
    09-11978       10,953,248  
Rouse LLC
    09-11979        
GGP American Properties Inc.
    09-11980        
Caledonian Holding Company, Inc.
    09-11981        
GGPLP L.L.C.
    09-11982        
Rouse Company LP, The
    09-11983       2,393,498  
TRC Co-Issuer, Inc.
    09-11984        
Oakwood Shopping Center Limited Partnership
    09-11985        
Alameda Mall Associates
    09-11986        
Bay Shore Mall Partners
    09-11987        
Chico Mall, L.P.
    09-11988        
Lansing Mall Limited Partnership
    09-11989        
GGP-Pecanland, L.P.
    09-11990        
GGP-Pecanland II, L.P.
    09-11991        
Southland Mall, L.P.
    09-11992        
South Shore Partners, L.P.
    09-11993        
Price Financing Partnership, L.P.
    09-11994        
Price GP L.L.C.
    09-11995        
HHP Government Services, Limited Partnership
    09-11996        
Ho Retail Properties I Limited Partnership
    09-11997       200  
New Orleans Riverwalk Associates
    09-11998       8,047  
New Orleans Riverwalk Limited Partnership
    09-11999        
White Marsh General Partnership
    09-12000       21  
White Marsh Mall Associates
    09-12001       21  
White Marsh Phase II Associates
    09-12002       21  
Parke West, LLC
    09-12003       168,844  
GGP-Newpark L.L.C.
    09-12004        
Elk Grove Town Center, L.P.
    09-12005        
Baltimore Center Associates Limited Partnership
    09-12006        
Baltimore Center Garage Limited Partnership
    09-12007        
Century Plaza L.L.C.
    09-12008       381  
Harbor Place Associates Limited Partnership
    09-12009        
Price Development Company, Limited Partnership
    09-12010       16,610  
Rouse-Phoenix Theatre Limited Partnership
    09-12011        
Rouse-Arizona Retail Center Limited Partnership
    09-12012        
Rouse-Phoenix Master Limited Partnership
    09-12013        
Saint Louis Land L.L.C.
    09-12014        
Southland Center, LLC
    09-12015       106  
GGP-North Point Land L.L.C.
    09-12016        
Majestic Partners-Provo, LLC
    09-12017       300  
GGP-Mall of Louisiana, L.P.
    09-12018       117  

19


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V — Continued
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
NewPark Anchor Acquisition, LLC
    09-12019        
Parkview Office Building Limited Partnership
    09-12020       3,394  
Parkside Limited Partnership
    09-12021        
Park Square Limited Partnership
    09-12022        
Rouse SI Shopping Center, LLC
    09-12023       1,413,011  
Augusta Mall, LLC
    09-12024       77,618  
Burlington Town Center LLC, The
    09-12025       260  
Fashion Show Mall LLC
    09-12026       93  
GGP Ala Moana L.L.C.
    09-12027        
GGP Jordan Creek L.L.C.
    09-12028       7,500  
GGP Village at Jordan Creek L.L.C.
    09-12029        
GGP-Four Seasons L.L.C.
    09-12030       32  
Lincolnshire Commons, LLC
    09-12031        
Phase II Mall Subsidiary, LLC
    09-12032        
St. Cloud Mall L.L.C.
    09-12033        
Valley Hills Mall L.L.C.
    09-12034       211  
GGP Holding, Inc.
    09-12035       200  
The Rouse Company BT, LLC
    09-12036        
Rouse Company Operating Partnership LP, The
    09-12037        
10000 West Charleston Boulevard, LLC
    09-12040        
10190 Covington Cross, LLC
    09-12041       88  
1120/1140 Town Center Drive, LLC
    09-12042        
1160/1180 Town Center Drive, LLC
    09-12043        
1201-1281 Town Center Drive, LLC
    09-12044        
1251 Center Crossing, LLC
    09-12045        
1450 Center Crossing Drive, LLC
    09-12046        
1451 Center Crossing Drive, LLC
    09-12047        
1551 Hillshire Drive, LLC
    09-12048        
1635 Village Centre Circle, LLC
    09-12049        
1645 Village Center Circle, LLC
    09-12050        
9901-9921 Covington Cross, LLC
    09-12051        
9950-9980 Covington Cross, LLC
    09-12052        
Alameda Mall, L.L.C.
    09-12053        
Apache Mall, LLC
    09-12054       155  
Arizona Center Parking, LLC
    09-12055       7,476  
Augusta Mall Anchor Acquisition, LLC
    09-12056        
Augusta Mall Anchor Holding, LLC
    09-12057        
Augusta Mall Holding, LLC
    09-12058        
Austin Mall Limited Partnership
    09-12059        
Austin Mall, LLC
    09-12060        
Bakersfield Mall, Inc.
    09-12061        
Bakersfield Mall LLC
    09-12062       33  
Baltimore Center, LLC
    09-12063        
Bay City Mall Associates L.L.C.
    09-12064       127  
Bay Shore Mall II L.L.C.
    09-12065        
Bay Shore Mall, Inc.
    09-12066        
Beachwood Place Holding, LLC
    09-12067        
Beachwood Place Mall, LLC
    09-12068        
Benson Park Business Trust
    09-12069        
Birchwood Mall, LLC
    09-12070        
Boise Mall, LLC
    09-12071        
Boise Town Square Anchor Acquisition, LLC
    09-12072        
Boise Towne Plaza L.L.C.
    09-12073        
Boulevard Associates
    09-12074        
Boulevard Mall, Inc.
    09-12075        
Boulevard Mall I LLC
    09-12076        
Boulevard Mall II LLC
    09-12077        
BTS Properties L.L.C.
    09-12078        

20


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V — Continued
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
Cache Valley, LLC
    09-12079        
Century Plaza, Inc.
    09-12080        
Champaign Market Place L.L.C.
    09-12081        
Chapel Hills Mall L.L.C.
    09-12082        
Chattanooga Mall, Inc.
    09-12083        
Chico Mall L.L.C.
    09-12084        
Chula Vista Center, LLC
    09-12085       688,750  
Collin Creek Anchor Acquisition, LLC
    09-12086        
Collin Creek Mall, LLC
    09-12087        
Colony Square Mall L.L.C.
    09-12088       96  
Columbia Mall L.L.C.
    09-12089       89  
Coronado Center L.L.C.
    09-12090       357  
Coronado Center Holding L.L.C.
    09-12091        
Cottonwood Mall, LLC
    09-12092        
Country Hills Plaza, LLC
    09-12093        
Deerbrook Mall, LLC
    09-12094        
DK Burlington Town Center LLC
    09-12095        
Eagle Ridge Mall, Inc.
    09-12096        
Eagle Ridge Mall, L.P.
    09-12097       65  
Eastridge Shopping Center L.L.C.
    09-12098       39,102  
Eden Prairie Anchor Building L.L.C.
    09-12099        
Eden Prairie Mall, Inc.
    09-12100        
Eden Prairie Mall L.L.C.
    09-12101       64  
Elk Grove Town Center L.L.C.
    09-12102        
ER Land Acquisition L.L.C.
    09-12103        
Fallbrook Square Partners Limited Partnership
    09-12104        
Fallbrook Square Partners L.L.C.
    09-12105        
Fallen Timbers Shops, LLC
    09-12106        
Fallen Timbers Shops II, LLC
    09-12107        
Faneuil Hall Marketplace, LLC
    09-12108        
Fashion Place, LLC
    09-12109       23,393  
Fashion Place Anchor Acquisition, LLC
    09-12110        
Fifty Columbia Corporate Center, LLC
    09-12111        
Forty Columbia Corporate Center, LLC
    09-12112        
Fox River Shopping Center, LLC
    09-12113       69  
Franklin Park Mall, LLC
    09-12114        
Franklin Park Mall Company, LLC
    09-12115        
Gateway Crossing L.L.C.
    09-12116        
Gateway Overlook Business Trust
    09-12117        
Gateway Overlook II Business Trust
    09-12118        
GGP Acquisition, L.L.C.
    09-12119        
GGP Ala Moana Holdings L.L.C.
    09-12120        
GGP American Holdings Inc.
    09-12121        
GGP General II, Inc.
    09-12122        
GGP Holding II, Inc.
    09-12123       200  
GGP Holding Services, Inc.
    09-12124        
GGP Ivanhoe II, Inc.
    09-12125        
GGP Ivanhoe IV Services, Inc.
    09-12126        
GGP Kapiolani Development L.L.C.
    09-12127        
GGP Knollwood Mall, LP
    09-12128        
GGP Natick Residence LLC
    09-12129       159,582  
GGP Savannah L.L.C.
    09-12130        
GGP/Homart, Inc.
    09-12131       1,361,066  
GGP/Homart Services, Inc.
    09-12132        
GGP-Bay City One, Inc.
    09-12133        
GGP-Brass Mill, Inc.
    09-12134       18,357  
GGP-Burlington L.L.C.
    09-12135        
GGP-Canal Shoppes L.L.C.
    09-12136        

21


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V — Continued
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
GGP-Foothills L.L.C.
    09-12137        
GGP-Glenbrook L.L.C.
    09-12138       171  
GGP-Glenbrook Holding L.L.C.
    09-12139        
GGP-Grandville Land L.L.C.
    09-12140        
GGP-La Place, Inc.
    09-12141        
GGP-Lakeview Square, Inc.
    09-12142        
GGP-Lansing Mall, Inc.
    09-12143        
GGP-Maine Mall L.L.C.
    09-12144       176  
GGP-Maine Mall Holding L.L.C.
    09-12145        
GGP-Maine Mall Land L.L.C.
    09-12146        
GGP-Moreno Valley, Inc.
    09-12147        
GGP-Newgate Mall, LLC
    09-12148       370  
GGP-Newpark, Inc.
    09-12149        
GGP-North Point, Inc.
    09-12150        
GGP-Pecanland, Inc.
    09-12151        
GGP-Redlands Mall L.L.C.
    09-12152        
GGP-South Shore Partners, Inc.
    09-12153        
GGP-Steeplegate, Inc.
    09-12154        
GGP-Tucson Mall L.L.C.
    09-12155       96  
GGP-UC L.L.C.
    09-12156       12,026  
Grand Canal Shops II, LLC
    09-12157        
Grandville Mall II, Inc.
    09-12158        
Grandville Mall, Inc.
    09-12159        
Greengate Mall, Inc.
    09-12160        
Greenwood Mall Land, LLC
    09-12161        
Harborplace Borrower, LLC
    09-12162        
Hickory Ridge Village Center, Inc.
    09-12163        
HMF Properties, LLC
    09-12164        
Ho Retail Properties II Limited Partnership
    09-12165       315  
Hocker Oxmoor, LLC
    09-12166       9  
Hocker Oxmoor Partners, LLC
    09-12167        
Howard Hughes Canyon Pointe Q4, LLC
    09-12168        
Howard Hughes Corporation, The
    09-12169       2,667  
Howard Hughes Properties, Inc.
    09-12170       600  
Howard Hughes Properties, Limited Partnership
    09-12171        
Howard Hughes Properties IV, LLC
    09-12172        
Howard Hughes Properties V, LLC
    09-12173        
HRD Parking, Inc.
    09-12174        
HRD Remainder, Inc.
    09-12175        
Hulen Mall, LLC
    09-12176       454  
Hughes Corporation, The
    09-12177        
Kapiolani Condominium Development, LLC
    09-12178        
Kapiolani Retail, LLC
    09-12179        
Knollwood Mall, Inc.
    09-12180        
Lakeside Mall Holding, LLC
    09-12181        
Lakeside Mall Property LLC
    09-12182        
Lakeview Square Limited Partnership
    09-12183        
Land Trust No. 89433
    09-12184        
Land Trust No. 89434
    09-12185        
Land Trust No. FHB-TRES 200601
    09-12186        
Land Trust No. FHB-TRES 200602
    09-12187        
Landmark Mall L.L.C.
    09-12188        
Lynnhaven Holding L.L.C.
    09-12189        
Lynnhaven Mall L.L.C.
    09-12190       139  
Mall of Louisiana Holding, Inc.
    09-12191        
Mall of Louisiana Land, LP
    09-12192        
Mall of Louisiana Land Holding, LLC
    09-12193        
Mall of the Bluffs, LLC
    09-12194       59  

22


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V — Continued
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
Mall St. Matthews Company, LLC
    09-12195        
Mall St. Vincent, Inc.
    09-12196        
Mall St. Vincent, L.P.
    09-12197        
Mayfair Mall, LLC
    09-12198        
MSAB Holdings, Inc.
    09-12199        
MSAB Holdings L.L.C.
    09-12200        
MSM Property L.L.C.
    09-12201       16  
Natick Retail, LLC
    09-12202        
Newgate Mall Land Acquisition, LLC
    09-12203        
NewPark Mall L.L.C.
    09-12204        
North Plains Mall, LLC
    09-12205        
North Star Anchor Acquisition, LLC
    09-12206        
North Star Mall, LLC
    09-12207        
North Town Mall, LLC
    09-12208       78  
Northgate Mall L.L.C.
    09-12209        
NSMJV, LLC
    09-12210        
Oakwood Hills Mall, LLC
    09-12211        
Oglethorpe Mall L.L.C.
    09-12212        
Oklahoma Mall L.L.C.
    09-12213        
OM Borrower, LLC
    09-12214        
One Willow Company, LLC
    09-12215        
Orem Plaza Center Street, LLC
    09-12216        
Owings Mills Limited Partnership
    09-12217       2,500  
Park Mall, Inc.
    09-12218        
Park Mall L.L.C.
    09-12219        
PDC Community Centers L.L.C.
    09-12220       18,721  
PDC-Eastridge Mall L.L.C.
    09-12221       1,200  
PDC-Red Cliffs Mall L.L.C.
    09-12222       275  
Peachtree Mall L.L.C.
    09-12223        
Pecanland Anchor Acquisition, LLC
    09-12224        
Piedmont Mall, LLC
    09-12225       56  
Pierre Bossier Mall, LLC
    09-12226        
Pine Ridge Mall L.L.C.
    09-12227       7,046  
Pioneer Office Limited Partnership
    09-12228        
Pioneer Place Limited Partnership
    09-12229       1,000  
Price Development TRS, Inc.
    09-12230        
Price-ASG L.L.C.
    09-12231       18,427  
Prince Kuhio Plaza, Inc.
    09-12232        
Providence Place Holdings, LLC
    09-12233        
Redlands Land Acquisition Company L.L.C.
    09-12234        
Redlands Land Acquisition Company, L.P.
    09-12235        
Redlands Land Holding L.L.C.
    09-12236        
Ridgedale Center, LLC
    09-12237       12,340  
Rio West L.L.C.
    09-12238       1,000  
River Falls Mall, LLC
    09-12239       66  
River Hills Land, LLC
    09-12240        
River Hills Mall, LLC
    09-12241       78  
Rogue Valley Mall L.L.C.
    09-12242        
Rogue Valley Mall Holding L.L.C.
    09-12243        
The Rouse Company at Owings Mills, LLC
    09-12244        
Rouse Company of Florida, LLC, The
    09-12245        
The Rouse Company of Louisiana, LLC
    09-12246        
The Rouse Company of Michigan, LLC
    09-12247        
The Rouse Company of Minnesota, LLC
    09-12248        
The Rouse Company of Ohio, LLC
    09-12249        
Rouse F.S., LLC
    09-12250        
Rouse Office Management of Arizona, LLC
    09-12251        
Rouse Providence LLC
    09-12252        

23


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V — Continued
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
Rouse Ridgedale, LLC
    09-12253        
Rouse Ridgedale Holding, LLC
    09-12254        
Rouse Southland, LLC
    09-12255        
Rouse-Arizona Center, LLC
    09-12256        
Rouse-Fairwood Development Corporation
    09-12257        
Rouse-New Orleans, LLC
    09-12258        
Rouse-Oakwood Shopping Center, LLC
    09-12259        
Rouse-Orlando, LLC
    09-12260       65  
Rouse-Phoenix Cinema, LLC
    09-12261        
Rouse-Phoenix Corporate Center Limited Partnership
    09-12262       16,110  
Rouse-Phoenix Development Company, LLC
    09-12263        
Rouse-Portland, LLC
    09-12264        
RS Properties Inc.
    09-12265       65  
Saint Louis Galleria L.L.C.
    09-12266        
Saint Louis Galleria Anchor Acquisition, LLC
    09-12267       185  
Saint Louis Galleria Holding L.L.C.
    09-12268        
Sierra Vista Mall, LLC
    09-12269       131  
Sikes Senter, LLC
    09-12270        
Silver Lake Mall, LLC
    09-12271       5,082  
Sixty Columbia Corporate Center, LLC
    09-12272        
Sooner Fashion Mall L.L.C.
    09-12273        
Southlake Mall L.L.C.
    09-12274        
Southland Center Holding, LLC
    09-12275        
Southland Mall, Inc.
    09-12276        
Southwest Denver Land L.L.C.
    09-12277        
Southwest Plaza L.L.C.
    09-12278        
Spring Hill Mall L.L.C.
    09-12279       863  
St. Cloud Land L.L.C.
    09-12280        
St. Cloud Mall Holding L.L.C.
    09-12281        
Stonestown Shopping Center L.L.C.
    09-12282        
Stonestown Shopping Center, L.P.
    09-12283       161,711  
Summerlin Centre, LLC
    09-12284        
Summerlin Corporation
    09-12285        
Three Rivers Mall L.L.C.
    09-12286        
Three Willow Company, LLC
    09-12287        
Town East Mall, LLC
    09-12288       237  
Tracy Mall, Inc.
    09-12289        
Tracy Mall Partners, L.P.
    09-12290       34,338  
Tracy Mall Partners I L.L.C.
    09-12291        
Tracy Mall Partners II, L.P.
    09-12292        
TRC Willow, LLC
    09-12293        
TV Investment, LLC
    09-12294        
Two Arizona Center, LLC
    09-12295       12,852  
Two Willow Company, LLC
    09-12296        
Tysons Galleria L.L.C.
    09-12297       132  
U.K.-American Properties, Inc.
    09-12298       32,569  
Valley Hills Mall, Inc.
    09-12299        
Valley Plaza Anchor Acquisition, LLC
    09-12300        
VCK Business Trust
    09-12301        
Victoria Ward Center L.L.C.
    09-12302        
Victoria Ward Entertainment Center L.L.C.
    09-12303        
Victoria Ward, Limited
    09-12304       239  
Victoria Ward Services, Inc.
    09-12305        
Village of Cross Keys, LLC, The
    09-12306        
Visalia Mall L.L.C.
    09-12307        
Vista Commons, LLC
    09-12308        
Visalia Mall, L.P.
    09-12309        
Vista Ridge Mall, LLC
    09-12310        

24


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE V — Continued
SCHEDULE OF TOTAL DISBURSEMENTS BY DEBTOR
(UNAUDITED)
                 
            April 30, 2009  
Legal Entity   Case Number     Disbursements  
VW Condominium Development, LLC
    09-12311        
Ward Gateway-Industrial-Village, LLC
    09-12312        
Ward Plaza-Warehouse, LLC
    09-12313        
Weeping Willow RNA, LLC
    09-12314        
West Kendall Holdings, LLC
    09-12315       1,344  
Westwood Mall, LLC
    09-12316        
White Marsh Mall, LLC
    09-12317        
White Mountain Mall, LLC
    09-12318        
Willow SPE, LLC
    09-12319        
Willowbrook II, LLC
    09-12320        
Willowbrook Mall, LLC
    09-12321        
Woodbridge Center Property, LLC
    09-12322       1,750  
Woodlands Mall Associates, LLC, The
    09-12323        
10000 Covington Cross, LLC
    09-12324        
10 CCC Business Trust
    09-12457        
20 CCC Business Trust
    09-12458        
30 CCC Business Trust
    09-12459        
Capital Mall L.L.C.
    09-12462        
GGP-Columbiana Trust
    09-12464       168  
GGP-Gateway Mall L.L.C.
    09-12467        
Grand Traverse Mall Partners, LP
    09-12469       66  
Greenwood Mall L.L.C.
    09-12471       57  
Kalamazoo Mall L.L.C.
    09-12472        
Lancaster Trust
    09-12473       447,169  
Mondawmin Business Trust
    09-12474       42  
Running Brook Business Trust
    09-12475        
Town Center East Business Trust
    09-12476        
Burlington Town Center II LLC
    09-12477        
GGP-Mall of Louisiana, Inc.
    09-12478        
Stonestown Shopping Center Holding L.L.C.
    09-12479        
Capital Mall, Inc.
    09-12480        
GGP-Gateway Mall, Inc.
    09-12481        
GGP-Mall of Louisiana II, L.P.
    09-12482        
Grand Traverse Mall Holding, Inc.
    09-12483        
Greenwood Mall, Inc.
    09-12484        
Kalamazoo Mall, Inc.
    09-12485        
Parcit-IIP Lancaster Venture
    09-12486        
Parcity L.L.C.
    09-12487        
Parcity Trust
    09-12488        
Park City Holding, Inc.
    09-12489        
PC Lancaster L.L.C.
    09-12490        
PC Lancaster Trust
    09-12491        
 
             
 
          $ 18,162,970  
 
             

25


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE VI
SCHEDULE OF DEBTORS’ OPERATING PROPERTY AGED TENANT ACCOUNTS RECEIVABLE
(UNAUDITED)
as of April 30, 2009
         
Current
  $ (32,959,595 )*
31 - 60 days
    19,123,031  
61 - 90 days
    11,576,483  
91 - 120 days
    8,173,504  
Over 120 days
    55,462,570  
 
     
Gross Amount
  $ 61,375,993  
 
     
 
*   In general, reflects tenant rents paid in advance.

26


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE VII
STATUS OF MORTGAGES PAYABLE FOR DEBTORS
as of April 30, 2009
                                 
                            Period  
                            ended April 30  
Property   Maturity Date     Rate (a), (b)     Debt Balance     Interest Expense*  
Fixed Rate Loans
                               
Secured Asset Loans:
                               
10000 West Charleston
    3/1/2011       7.88 %     21,771,737       71,484  
1160/80 Town Center
    7/15/2013       6.99 %     8,803,207       25,639  
Ala Moana A1
    9/1/2011       5.52 %     750,000,000       1,725,469  
Ala Moana A2
    9/1/2011       5.65 %     750,000,000       1,766,094  
Augusta Mall
    11/11/2011       5.49 %     175,000,000       400,167  
Baltimore Center Garage Ltd Partnership
    6/1/2018       6.05 %     16,091,693       40,540  
Bay City
    12/2/2013       5.30 %     24,120,239       53,286  
Bayshore
    9/1/2011       7.13 %     31,005,071       92,111  
Beachwood Place
    4/7/2011       5.60 %     240,164,440       560,284  
Bellis Fair
    2/15/2016       7.34 %     61,586,163       188,351  
Boise Towne Plaza
    7/9/2010       4.70 %     10,921,429       21,383  
Boise Towne Square
    2/10/2011       6.64 %     70,737,729       195,708  
Brass Mill
    4/11/2014       4.55 %     123,593,373       234,312  
Burlington
    7/1/2010       5.03 %     26,000,000       54,490  
Burlington 2
    7/1/2010       6.30 %     5,500,000       14,443  
Capital
    4/1/2011       7.28 %     20,291,406       36,930  
Chapel Hills
    10/11/2010       5.04 %     115,653,482       242,631  
Chico Mall
    2/11/2009       4.74 %     57,203,000       112,881  
Collin Creek Mall
    7/11/2011       6.78 %     66,997,000       189,127  
Columbia Mall (MO)
    2/1/2013       6.05 %     90,000,000       226,763  
Coronado
    6/7/2010       5.08 %     168,797,669       356,972  
Corporate Pointe 2 (10650 W. Charleston)
    9/11/2012       6.83 %     4,525,633       12,879  
Corporate Pointe 3 (10750 W. Charleston)
    9/11/2012       6.83 %     4,525,633       12,879  
Country Hills
    6/1/2016       6.04 %     13,525,912       34,012  
Crossroads Center (MN)
    7/30/2010       4.73 %     84,306,098       166,048  
Deerbrook
    3/2/2009       3.46 %     73,964,091       106,632  
Eagle Ridge
    10/12/2015       5.41 %     47,578,419       107,270  
Eastridge (CA)
    9/1/2011       5.79 %     170,000,000       409,948  
Eastridge (WY )
    12/5/2011       5.08 %     39,162,033       82,893  
Eden Prairie
    4/1/2011       4.67 %     79,827,819       155,332  
Fallbrook
    6/3/2013       6.14 %     85,000,000       217,299  
Faneuil Hall
    4/1/2013       5.57 %     94,122,439       218,456  
Fashion Place
    10/5/2010       5.30 %     144,482,786       319,187  
Fashion Show
    2/12/2009       6.46 %     645,917,759       1,940,445  
Four Seasons
    12/11/2013       5.60 %     100,428,934       234,334  
Fox River
    12/3/2012       5.96 %     195,000,000       484,372  
Gallery at Harborplace 1 (Baltimore Center Land, Garage & Office)
    12/1/2010       7.89 %     49,387,084       162,360  
Gallery at Harborplace 2 (Baltimore Center Land, Garage & Office)
    12/1/2010       7.03 %     3,200,000       9,375  
Gallery at Harborplace 3 (Baltimore Center Land, Garage & Office)
    12/1/2010       7.49 %     5,100,000       15,918  
Gallery at Harborplace 4 (Baltimore Center Land, Garage & Office)
    12/1/2010       7.93 %     2,200,000       7,266  
Gallery at Harborplace 5 (Baltimore Center Land, Garage & Office)
    12/1/2010       8.89 %     4,704,500       17,426  
Gateway
    4/1/2011       7.28 %     39,767,469       72,377  
Gateway Overlook
    3/1/2013       5.78 %     55,000,000       132,390  
Glenbrook
    7/1/2010       4.91 %     177,234,868       362,881  
Grand Canal Shoppes
    5/1/2009       4.78 %     393,754,461       784,228  
Grand Traverse
    10/1/2012       5.02 %     85,301,607       106,972  
Greenwood
    4/1/2011       7.28 %     44,647,468       81,258  
Harborplace
    10/5/2012       5.79 %     50,000,000       120,625  
Homart I
    2/28/2013       5.95 %     245,115,000       607,681  
Hulen Mall
    12/7/2011       5.03 %     113,020,505       236,872  
Jordan Creek
    3/2/2009       4.57 %     185,950,183       353,693  
JP Comm Jr. Gateway Crossing
    7/9/2010       4.70 %     15,233,947       29,827  
JP Comm Jr. Univ. Crossing
    7/9/2010       4.70 %     11,373,475       22,268  
JP Comm Sr. Austin Bluffs
    4/9/2009       4.40 %     2,288,182       4,191  
JP Comm Sr. Division Crossing
    4/9/2009       4.40 %     5,273,140       9,659  
JP Comm Sr. Fort Union
    4/9/2009       4.40 %     2,752,696       5,042  
JP Comm Sr. Halsey Crossing
    4/9/2009       4.40 %     2,580,656       4,727  
JP Comm Sr. Orem Plaza Center St
    4/9/2009       4.40 %     2,460,225       4,506  
JP Comm Sr. Orem Plaza State St
    4/9/2009       4.40 %     1,522,587       2,789  
JP Comm Sr. Riverpointe Plaza
    4/9/2009       4.40 %     3,810,769       6,980  
JP Comm Sr. Riverside Plaza
    4/9/2009       4.40 %     5,453,786       9,990  
JP Comm Sr. Woodlands Village
    4/9/2009       4.40 %     6,967,771       12,763  
Knollwood
    10/12/2015       5.35 %     39,942,275       89,055  
Lakeside Mall
    12/1/2009       4.28 %     180,301,944       321,538  
Lakeview Square
    3/1/2016       5.81 %     41,334,211       100,089  
Lansing I
    1/15/2010       9.35 %     24,143,851       94,060  
Lincolnshire Commons
    4/1/2013       5.98 %     28,000,000       69,767  
 
*   Unless otherwise noted, all amounts for current period were paid as scheduled.

27


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE VII — Continued
STATUS OF MORTGAGES PAYABLE FOR DEBTORS
as of April 30, 2009
                                 
                            Period  
                            ended April 30  
Property   Maturity Date     Rate (a), (b)     Debt Balance     Interest Expense*  
Lynnhaven
    7/6/2010       5.05 %     236,987,688       498,662  
Maine
    6/11/2010       4.84 %     216,295,044       435,789  
Mall of Louisiana Mezz
    4/1/2011       6.40 %     62,342,574       166,325  
Mall of Louisiana Note A
    4/1/2011       5.46 %     118,468,961       269,615  
Mall of Louisiana Note B
    4/1/2011       5.92 %     54,362,066       134,002  
Mall St Matthews Ltd Partnership
    1/4/2010       4.81 %     144,564,511       289,430  
Mall St Vincent
    7/7/2014       6.30 %     49,000,000       128,666  
Market Place
    2/1/2013       6.05 %     106,000,000       267,076  
Moreno Valley
    9/11/2013       5.96 %     87,402,065       216,939  
Newgate
    10/1/2010       4.84 %     40,990,919       82,639  
Newpark
    2/1/2011       7.45 %     68,201,490       211,709  
North Point
    3/1/2011       5.48 %     215,690,801       492,764  
North Star
    1/4/2010       4.43 %     232,569,988       429,285  
Northgate
    9/1/2016       5.88 %     45,024,628       110,395  
Northridge Fashion
    7/1/2011       7.24 %     126,403,133       381,316  
Oglethorpe
    7/2/2012       4.89 %     141,374,715       288,128  
Oviedo
    5/7/2012       5.12 %     51,818,911       110,439  
Oxmoor
    6/3/2013       6.85 %     56,921,763       162,464  
Park City Note A
    10/1/2010       4.74 %     120,028,669       236,877  
Park City Note B
    10/1/2010       7.10 %     29,205,746       86,339  
Park Place
    1/11/2010       5.15 %     176,442,976       378,617  
Peachtree
    6/1/2010       5.08 %     89,589,904       189,632  
Pecanland
    3/1/2010       4.28 %     57,837,869       103,060  
Piedmont
    9/6/2016       5.98 %     33,910,741       84,480  
Pine Ridge
    12/5/2011       5.08 %     26,403,996       55,888  
Pioneer Place Limited Partners Land
    4/27/2010       10.00 %     687,268       2,864  
Prince Kuhio
    4/1/2009       3.45 %     37,825,629       54,406  
Providence Place 2
    3/11/2010       5.03 %     258,525,455       541,288  
Providence Place 3
    3/11/2010       5.12 %     59,528,888       126,946  
Providence Place 4
    3/11/2010       5.93 %     39,043,587       96,550  
Providence Place Pilot A1
    7/1/2016       7.75 %     25,120,765       81,119  
Providence Place Pilot A2
    6/30/2028       7.75 %     21,423,194       69,179  
Red Cliffs
    12/5/2011       5.08 %     25,095,480       53,119  
Regency Square
    7/1/2010       3.59 %     93,790,433       140,451  
Ridgedale
    4/1/2010       4.86 %     178,194,472       360,881  
River Hills
    6/3/2013       6.14 %     80,000,000       204,517  
RiverTown Junior Loan
    7/1/2011       9.15 %     15,787,984       60,186  
RiverTown Senior Loan
    7/1/2011       7.29 %     102,111,292       310,163  
Rogue Valley
    12/31/2010       7.85 %     26,346,613       86,175  
Sikes Senter
    6/1/2012       5.20 %     61,380,755       132,992  
Sooner Fashion
    6/3/2013       6.14 %     60,000,000       153,388  
Southlake
    12/5/2017       6.44 %     100,000,000       268,271  
Southland
    3/2/2009       3.62 %     81,476,603       122,894  
Southland (RSE)
    3/5/2010       4.97 %     108,787,638       225,394  
St. Louis Galleria
    7/5/2010       4.86 %     237,411,820       480,264  
Staten Island 1
    10/1/2010       5.09 %     85,000,000       180,271  
Staten Island 2
    10/1/2010       8.15 %     70,616,398       239,802  
Staten Island 3
    10/1/2010       5.61 %     125,000,000       292,188  
Steeplegate
    7/31/2009       4.94 %     77,889,302       160,371  
Stonestown
    9/1/2011       5.79 %     273,000,000       659,011  
The Boulevard
    7/1/2013       4.27 %     107,629,653       191,491  
The Crossroads (MI)
    6/1/2009       7.40 %     39,791,170       73,614  
The Woodlands Note A
    6/13/2011       5.91 %     185,000,000       455,871  
The Woodlands Note B
    6/13/2011       5.91 %     55,000,000       135,529  
Three Rivers
    12/5/2011       5.08 %     21,497,059       45,502  
Town East
    4/13/2009       3.46 %     105,182,424       151,748  
Tucson Mall
    10/11/2033       9.26 %     119,610,285       461,496  
Tysons Galleria
    9/12/2011       5.72 %     255,000,000       608,228  
Valley Hills
    3/5/2014       4.73 %     56,850,974       111,985  
Valley Plaza
    7/11/2012       3.90 %     95,268,204       154,811  
Victoria Ward (Village/Industrial/Gateway)
    10/1/2011       5.61 %     88,500,000       206,943  
Victoria Ward (Warehouse/Plaza)
    10/6/2011       5.52 %     68,500,000       157,636  
Village of Cross Keys
    7/31/2009       7.04 %     10,257,234       30,088  
Visalia
    1/11/2010       3.78 %     41,595,487       65,461  
Vista Ridge
    4/11/2011       6.87 %     80,351,364       230,006  
Ward Centre & Ward Entertainment
    1/4/2010       4.33 %     58,294,174       105,221  
Washington Park
    4/1/2014       5.35 %     12,098,873       26,993  
West Valley
    4/1/2010       3.43 %     56,436,046       80,657  
White Marsh
    9/1/2012       5.62 %     187,000,000       437,892  
Willowbrook Mall
    7/1/2011       6.82 %     158,587,193       450,784  
Woodbridge Corporation
    6/1/2009       4.24 %     207,934,438       367,697  

28


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE VII — Continued
STATUS OF MORTGAGES PAYABLE FOR DEBTORS
as of April 30, 2009
                                 
                            Period  
                            ended April 30  
Property   Maturity Date     Rate (a), (b)     Debt Balance     Interest Expense*  
Unsecured Asset Loans:
                               
GGPLP/GGPLPLLC Exchangable Debt
    4/15/2012       3.98 %     1,550,000,000       2,570,417  
Public Indenture — Company Debt
    9/17/2012       7.20 %     400,000,000       1,200,000  
Public Indenture — Senior Bond
    3/16/2009       3.63 %     395,000,000       596,615  
Public Indenture 100
    11/26/2013       5.38 %     100,000,000       223,958  
Public Indenture 350
    11/26/2013       5.38 %     350,000,000       783,854  
Public Indenture Senior Note
    4/30/2009       8.00 %     200,000,000       666,667  
Rouse Senior Notes
    5/1/2013       6.75 %     800,000,000       2,250,000  
Bank Note (SWAP 2)
    7/12/2010       3.32 %     200,000,000       276,792  
Bank Note (SWAP 3)
    7/12/2010       3.31 %     175,000,000       240,990  
Bank Note (SWAP 5)
    4/17/2009       3.47 %     100,000,000       144,583  
 
                               
 
                             
Fixed Rate Debt
                    17,556,695,167          
 
                             
 
                               
Variable Rate Loans
                               
Secured Asset Loans:
                               
Bank Note — Animas Valley
    7/11/2013       0.51 %     35,053,571       40,297  
Bank Note — Birchwood Mall
    7/11/2013       0.51 %     44,307,714       50,935  
Bank Note — Cache Valley
    7/11/2013       0.51 %     28,042,857       32,238  
Bank Note — Colony Square
    7/11/2013       0.51 %     25,238,571       29,014  
Bank Note — Columbiana
    7/11/2013       0.51 %     105,441,143       72,728  
Bank Note — Fallen Timbers
    7/11/2013       0.51 %     42,400,800       48,743  
Bank Note — Foothills
    7/11/2013       0.51 %     50,757,571       58,350  
Bank Note — Grand Teton
    7/11/2013       0.51 %     48,794,571       56,093  
Bank Note — Mall at Sierra Vista
    7/11/2013       0.51 %     23,556,000       27,080  
Bank Note — Mall of the Bluffs
    7/11/2013       0.51 %     35,950,943       41,329  
Bank Note — Mayfair
    7/11/2013       0.51 %     274,932,172       316,057  
Bank Note — Mondawmin
    7/11/2013       0.51 %     84,689,429       58,415  
Bank Note — North Plains
    7/11/2013       0.51 %     10,656,286       12,250  
Bank Note — North Town Mall
    7/11/2013       0.51 %     114,975,715       132,174  
Bank Note — Oakwood
    7/11/2013       0.51 %     75,771,800       87,106  
Bank Note — Owings Mills
    7/11/2013       0.51 %     53,281,429       61,251  
Bank Note — Pierre Bossiere
    7/11/2013       0.51 %     40,381,714       46,422  
Bank Note — Pioneer Place
    7/11/2013       0.51 %     156,763,886       180,213  
Bank Note — Salem Center
    7/11/2013       0.51 %     41,727,771       47,970  
Bank Note — Silver Lake Mall
    7/11/2013       0.51 %     18,227,857       20,954  
Bank Note — Southwest Plaza
    7/11/2013       0.51 %     96,187,000       110,575  
Bank Note — Spring Hill
    7/11/2013       0.51 %     68,088,057       78,273  
Bank Note — Westwood Mall
    7/11/2013       0.51 %     24,116,857       27,724  
Bank Note — White Mountain
    7/11/2013       0.51 %     10,656,286       12,250  
Oakwood Center
    2/9/2009       0.47 %     95,000,000       77,955  
Palazzo
    2/12/2009       6.46 %     249,622,888       749,909  
ST Secured — 10 Col Corp Center
    2/1/2009       4.00 %     5,504,785       17,202  
ST Secured — 10000 Covington Cross
    2/1/2009       4.00 %     900,095       4,688  
ST Secured — 10190 Covington Cross
    2/1/2009       4.00 %     3,716,076       19,355  
ST Secured — 1201/41 Town Center Dr
    2/1/2009       4.00 %     1,881,261       9,798  
ST Secured — 1251/81 Town Center Dr
    2/1/2009       4.00 %     1,574,827       8,202  
ST Secured — 1551 Hillshire Drive
    2/1/2009       4.00 %     2,904,458       15,127  
ST Secured — 1635 Village Center
    2/1/2009       4.00 %     2,003,100       10,433  
ST Secured — 1645 Village Center
    2/1/2009       4.00 %     1,716,071       8,938  
ST Secured — 20 Col Corp Center
    2/1/2009       4.00 %     4,950,344       15,470  
ST Secured — 30 Col Corp Center
    2/1/2009       4.00 %     2,024,185       6,326  
ST Secured — 40 Col Corp Center
    2/1/2009       4.00 %     2,714,688       14,139  
ST Secured — 50 Col Corp Center
    2/1/2009       4.00 %     6,892,953       35,901  
ST Secured — 60 Col Corp Center
    2/1/2009       4.00 %     5,555,133       28,933  
ST Secured — 9950/80 Covington Cross
    2/1/2009       4.00 %     2,503,693       13,040  
ST Secured — Apache Mall
    2/1/2009       4.00 %     59,435,556       309,560  
ST Secured — Arizona Center One
    2/1/2009       4.00 %     20,926,667       108,993  
ST Secured — Arizona Center Parking
    2/1/2009       4.00 %     2,293,333       11,944  
ST Secured — Arizona Center Two
    2/1/2009       4.00 %     20,735,556       107,998  
ST Secured — C.A. Building
    2/1/2009       4.00 %     2,893,191       9,041  
ST Secured — Chula Vista
    2/1/2009       4.00 %     38,986,667       203,056  
ST Secured — Col Convenience Center
    2/1/2009       4.00 %     485,520       2,529  
ST Secured — Cross Bus Center #6
    2/1/2009       4.00 %     1,674,972       8,724  
ST Secured — Cross Bus Center #7
    2/1/2009       4.00 %     3,485,446       18,153  
ST Secured — Exhibit Bldg
    2/1/2009       4.00 %     369,201       1,154  
ST Secured — Louisiana Power Center
    2/1/2009       4.00 %     9,937,778       51,759  
ST Secured — Ridgley Bldg
    2/1/2009       4.00 %     238,889       747  
ST Secured — Vista Commons
    2/1/2009       4.00 %     8,695,556       45,289  

29


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE VII — Continued
STATUS OF MORTGAGES PAYABLE FOR DEBTORS
as of April 30, 2009
                                 
                            Period
                            ended April 30
Property   Maturity Date   Rate (a), (b)   Debt Balance   Interest Expense*
Unsecured Asset Loans:
                               
GGPLP/GGPLPLLC Revolver
    2/24/2010       0.47 %     590,000,000       422,681  
GGPLP/GGPLPLLC Senior Term
    2/24/2010       0.47 %     1,987,500,000       1,423,862  
TRUPS(c)
    4/30/2036       0.41 %     206,200,000       159,752  
Bank Note (SWAP 2)
    7/12/2010       3.32 %     (200,000,000 )     276,792  
Bank Note (SWAP 3)
    7/12/2010       3.31 %     (175,000,000 )     240,990  
Bank Note (SWAP 5)
    4/17/2009       3.47 %     (100,000,000 )     144,583  
 
                               
 
                               
Variable Rate Debt
                    4,378,322,888       45,617,835  
 
                               
 
                               
 
                               
 
                               
Total Filing Entity Debt
                  $ 21,935,018,055 (d)        
 
                               
 
(a)   Rates include the effects of deferred finance costs, interest rate swaps and, except where noted (*), the effect of a 360 day rate applied over a 365 day period.
 
(b)   Reflects the variable contract rate as of April 30, 2009.
 
(c)   Trust preferred securities issued by GGP Capital Trust I, a Deleware statutory trust and wholly-owned subsidiary of GGPLP.
 
(d)   Excludes liabilities to special improvement districts, senior notes discounts and purchase accounting mark-to-marks adjustments.

30


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
SCHEDULE VIII
RETAINED PROFESSIONALS DETAIL
for the period ended April 30, 2009
                 
Name   Period Expense*     Cash Paid  
Alix Partners, LLP
  $ 644,960     $  
Kirkland & Ellis LLP
    900,000        
Kurtz Carson Consultants LLC
    516,493       100,000  
Miller Buckfire & Co LLC
    54,494        
Weil, Gotshal & Manges LLP
    1,600,000       29,092  
 
           
Total
  $ 3,715,947     $ 129,092  
 
           
 
*   Estimated fees and expenses incurred by these professionals during the post-petition period, although such fees and expenses remain subject to review and court approval.

31


 

GENERAL GROWTH PROPERTIES, INC.
(Debtor-in-Possession)
CASE NO. 09-11977 (Jointly Administered)
Case No. 09-11977 (Jointly Administered)
Reporting Period: April 2009
SCHEDULE IX
DEBTORS QUESTIONNAIRE*
                 
            Yes   No
  1    
Have any assets been sold or transferred outside the normal course of business this reporting period?
      X
  2    
Have any funds been disbursed from any account other than a debtor in possession account this reporting period?
      X
  3    
Is the Debtor delinquent in the timely filing of any post-petition tax returns?
      X
  4    
Are workers compensation, general liability or other necessary insurance coverages expired or cancelled, or has the debtor received notice of expiration or cancellation of such policies?
      X
  5    
Is the Debtor delinquent in paying any insurance premium payment?
      X
  6    
Have any payments been made on pre-petition liabilities this reporting period?
  X (1)    
  7    
Are any post petition receivables (accounts, notes or loans) due from related parties?
  X (2)    
  8    
Are any post petition payroll taxes past due?
      X
  9    
Are any post petition State or Federal income taxes past due?
      X
  10    
Are any post petition real estate taxes past due?
      X
  11    
Are any other post petition taxes past due?
      X
  12    
Have any pre-petition taxes been paid during this reporting period?
  X (3)    
  13    
Are any amounts owed to post petition creditors delinquent?
      X
  14    
Are any wage payments past due?
      X
  15    
Have any post petition loans been received by the Debtor from any party?
      X
  16    
Is the Debtor delinquent in paying any U.S. Trustee fees?
      X
  17    
Is the Debtor delinquent with any court ordered payments to attorneys or other professionals?
      X
  18    
Have the owners or shareholders received any compensation outside of the normal course of business?
      X
 
*   Unless otherwise indicated, answer is for the combined group of Debtors (see Note 1).
 
(1)   An aggregate of $1.3 million has been paid by or on behalf of the Debtors with respect to prepetition liabilities as approved by the Bankruptcy Court. Such disbursements have been for employee salaries and reimbursements, taxes to government entities and for other ordinary-course professionals.
 
(2)   The net change in the aggregate Debtors intercompany accounts with affiliated non-debtors for the period was an increase in the amounts due to non-debtors of $6.4 million.
 
(3)   Included in the amounts reported in (1) above are payments of taxes of $0.1 million.

32


 

Annex A
Debtors
         
Debtor   Case Number   Date Filed
10000 Covington Cross, LLC
  09-12324 (ALG)   April 16, 2009
10000 West Charleston Boulevard LLC
  09-12040 (ALG)   April 16, 2009
10190 Covington Cross, LLC
  09-12041 (ALG)   April 16, 2009
1120/1140 Town Center Drive, LLC
  09-12042 (ALG)   April 16, 2009
1160/1180 Town Center Drive, LLC
  09-12043 (ALG)   April 16, 2009
1201-1281 Town Center Drive, LLC
  09-12044 (ALG)   April 16, 2009
1251 Center Crossing, LLC
  09-12045 (ALG)   April 16, 2009
1450 Center Crossing Drive, LLC
  09-12046 (ALG)   April 16, 2009
1451 Center Crossing Drive, LLC
  09-12047 (ALG)   April 16, 2009
1551 Hillshire Drive, LLC
  09-12048 (ALG)   April 16, 2009
1635 Village Centre Circle, LLC
  09-12049 (ALG)   April 16, 2009
1645 Village Center Circle, LLC
  09-12050 (ALG)   April 16, 2009
9901-9921 Covington Cross, LLC
  09-12051 (ALG)   April 16, 2009
9950-9980 Covington Cross, LLC
  09-12052 (ALG)   April 16, 2009
Alameda Mall Associates
  09-11986 (ALG)   April 16, 2009
Alameda Mall L.L.C.
  09-12053 (ALG)   April 16, 2009
Apache Mall, LLC
  09-12054 (ALG)   April 16, 2009
Arizona Center Parking, LLC
  09-12055 (ALG)   April 16, 2009
Augusta Mall, LLC
  09-12024 (ALG)   April 16, 2009
Augusta Mall Anchor Acquisition, LLC
  09-12056- (ALG)   April 16, 2009
Augusta Mall Anchor Holding, LLC
  09-12057 (ALG)   April 16, 2009
Augusta Mall Holding, LLC
  09-12058 (ALG)   April 16, 2009
Austin Mall Limited Partnership
  09-12059 (ALG)   April 16, 2009
Austin Mall, LLC
  09-12060 (ALG)   April 16, 2009
Bakersfield Mall, Inc.
  09-12061 (ALG)   April 16, 2009
Bakersfield Mall LLC
  09- 12062 (ALG)   April 16, 2009
Baltimore Center Associates Limited Partnership
  09-12006 (ALG)   April 16, 2009
Baltimore Center Garage Limited Partnership
  09-12007 (ALG)   April 16, 2009
Baltimore Center, LLC
  09-12063 (ALG)   April 16, 2009
Bay City Mall Associates L.L.C.
  09-12064 (ALG)   April 16, 2009
Bay Shore Mall II L.L.C.
  09-12065 (ALG)   April 16, 2009
Bay Shore Mall, Inc.
  09-12066 (ALG)   April 16, 2009
Bay Shore Mall Partners
  09-11987 (ALG)   April 16, 2009
Beachwood Place Holding, LLC
  09-12067 (ALG)   April 16, 2009
Beachwood Place Mall, LLC
  09-12068 (ALG)   April 16, 2009
Bellis Fair Partners
  09-11968 (ALG)   April 16, 2009
Benson Park Business Trust
  09-12069 (ALG)   April 16, 2009
Birchwood Mall, LLC
  09-12070 (ALG)   April 16, 2009

33


 

         
Debtor   Case Number   Date Filed
Boise Mall, LLC
  09-12071 (ALG)   April 16, 2009
Boise Town Square Anchor Acquisition, LLC
  09-12072 (ALG)   April 16, 2009
Boise Towne Plaza L.L.C.
  09-12073 (ALG)   April 16, 2009
Boulevard Associates
  09-12074 (ALG)   April 16, 2009
Boulevard Mall, Inc.
  09-12075 (ALG)   April 16, 2009
Boulevard Mall I LLC
  09-12076- (ALG)   April 16, 2009
Boulevard Mall II LLC
  09-12077 (ALG)   April 16, 2009
BTS Properties L.L.C.
  09-12078- (ALG)   April 16, 2009
The Burlington Town Center LLC
  09-12025 (ALG)   April 16, 2009
Cache Valley, LLC
  09-12079 (ALG)   April 16, 2009
Caledonian Holding Company, Inc.
  09-11981 (ALG)   April 16, 2009
Century Plaza, Inc.
  09-12080 (ALG)   April 16, 2009
Century Plaza L.L.C.
  09-12008 (ALG)   April 16, 2009
Champaign Market Place L.L.C.
  09-12081 (ALG)   April 16, 2009
Chapel Hills Mall L.L.C.
  09-12082 (ALG)   April 16, 2009
Chattanooga Mall, Inc.
  09-12083 (ALG)   April 16, 2009
Chico Mall L.L.C.
  09-12084 (ALG)   April 16, 2009
Chico Mall, L.P.
  09-11988 (ALG)   April 16, 2009
Chula Vista Center, LLC
  09-12085 (ALG)   April 16, 2009
Collin Creek Anchor Acquisition, LLC
  09-12086 (ALG)   April 16, 2009
Collin Creek Mall, LLC
  09-12087 (ALG)   April 16, 2009
Colony Square Mall L.L.C.
  09-12088 (ALG)   April 16, 2009
Columbia Mall L.L.C.
  09-12089 (ALG)   April 16, 2009
Coronado Center L.L.C.
  09-12090 (ALG)   April 16, 2009
Coronado Center Holding L.L.C.
  09-12091 (ALG)   April 16, 2009
Cottonwood Mall, LLC
  09-12092 (ALG)   April 16, 2009
Country Hills Plaza, LLC
  09-12093 (ALG)   April 16, 2009
Deerbrook Mall, LLC
  09-12094 (ALG)   April 16, 2009
DK Burlington Town Center LLC
  09-12095 (ALG)   April 16, 2009
Eagle Ridge Mall, Inc.
  09-12096 (ALG)   April 16, 2009
Eagle Ridge Mall, L.P.
  09-12097 (ALG)   April 16, 2009
Eastridge Shopping Center L.L.C.
  09-12098 (ALG)   April 16, 2009
Eden Prairie Anchor Building L.L.C.
  09-12099 (ALG)   April 16, 2009
Eden Prairie Mall, Inc.
  09-12100 (ALG)   April 16, 2009
Eden Prairie Mall L.L.C.
  09-12101 (ALG)   April 16, 2009
Elk Grove Town Center L.L.C.
  09-12102 (ALG)   April 16, 2009
Elk Grove Town Center, L.P.
  09-12005 (ALG)   April 16, 2009
ER Land Acquisition L.L.C.
  09-12103 (ALG)   April 16, 2009
Fallbrook Square Partners Limited Partnership
  09-12104 (ALG)   April 16, 2009
Fallbrook Square Partners L.L.C.
  09-12105 (ALG)   April 16, 2009
Fallen Timbers Shops, LLC
  09-12106 (ALG)   April 16, 2009
Fallen Timbers Shops II, LLC
  09-12107 (ALG)   April 16, 2009

34


 

         
Debtor   Case Number   Date Filed
Faneuil Hall Marketplace, LLC
  09-12108 (ALG)   April 16, 2009
Fashion Place, LLC
  09-12109 (ALG)   April 16, 2009
Fashion Place Anchor Acquisition, LLC
  09-12110 (ALG)   April 16, 2009
Fashion Show Mall LLC
  09-12026 (ALG)   April 16, 2009
Fifty Columbia Corporate Center, LLC
  09-12111 (ALG)   April 16, 2009
Forty Columbia Corporate Center, LLC
  09-12112 (ALG)   April 16, 2009
Fox River Shopping Center, LLC
  09-12113 (ALG)   April 16, 2009
Franklin Park Mall, LLC
  09-12114 (ALG)   April 16, 2009
Franklin Park Mall Company, LLC
  09-12115 (ALG)   April 16, 2009
Gateway Crossing L.L.C.
  09-12116 (ALG)   April 16, 2009
Gateway Overlook Business Trust
  09-12117 (ALG)   April 16, 2009
Gateway Overlook II Business Trust
  09-12118 (ALG)   April 16, 2009
General Growth Properties, Inc.
  09-11977 (ALG)   April 16, 2009
GGP Acquisition, L.L.C.
  09-12119 (ALG)   April 16, 2009
GGP Ala Moana L.L.C.
  09-12027 (ALG)   April 16, 2009
GGP Ala Moana Holdings L.L.C.
  09-12120 (ALG)   April 16, 2009
GGP American Holdings Inc.
  09-12121 (ALG)   April 16, 2009
GGP American Properties Inc.
  09-11980 (ALG)   April 16, 2009
GGP General II, Inc.
  09-12122 (ALG)   April 16, 2009
GGP Holding, Inc.
  09-12035- (ALG)   April 16, 2009
GGP Holding II, Inc.
  09-12123 (ALG)   April 16, 2009
GGP Holding Services, Inc.
  09-12124 (ALG)   April 16, 2009
GGP Ivanhoe II, Inc.
  09-12125 (ALG)   April 16, 2009
GGP Ivanhoe IV Services, Inc.
  09-12126 (ALG)   April 16, 2009
GGP Jordan Creek L.L.C.
  09-12028 (ALG)   April 16, 2009
GGP Kapiolani Development L.L.C.
  09-12127 (ALG)   April 16, 2009
GGP Knollwood Mall, LP
  09-12128 (ALG)   April 16, 2009
GGP Limited Partnership
  09-11978 (ALG)   April 16, 2009
GGP Natick Residence LLC
  09-12129 (ALG)   April 16, 2009
GGP Savannah L.L.C.
  09-12130 (ALG)   April 16, 2009
GGP Village at Jordan Creek L.L.C.
  09-12029 (ALG)   April 16, 2009
GGP/Homart, Inc.
  09-12131 (ALG)   April 16, 2009
GGP/Homart Services, Inc.
  09-12132 (ALG)   April 16, 2009
GGP-Bay City One, Inc.
  09-12133 (ALG)   April 16, 2009
GGP-Brass Mill, Inc.
  09-12134 (ALG)   April 16, 2009
GGP-Burlington L.L.C.
  09-12135 (ALG)   April 16, 2009
GGP-Canal Shoppes L.L.C.
  09-12136 (ALG)   April 16, 2009
GGP-Foothills L.L.C.
  09-12137 (ALG)   April 16, 2009
GGP-Four Seasons L.L.C.
  09-12030 (ALG)   April 16, 2009
GGP-Glenbrook L.L.C.
  09-12138 (ALG)   April 16, 2009
GGP-Glenbrook Holding L.L.C.
  09-12139 (ALG)   April 16, 2009
GGP-Grandville L.L.C.
  09-11971 (ALG)   April 16, 2009

35


 

         
Debtor   Case Number   Date Filed
GGP-Grandville II L.L.C.
  09-11972 (ALG)   April 16, 2009
GGP-Grandville Land L.L.C.
  09-12140 (ALG)   April 16, 2009
GGP-La Place, Inc.
  09-12141 (ALG)   April 16, 2009
GGP-Lakeview Square, Inc.
  09-12142 (ALG)   April 16, 2009
GGP-Lansing Mall, Inc.
  09-12143 (ALG)   April 16, 2009
GGPLP L.L.C.
  09-11982 (ALG)   April 16, 2009
GGP-Maine Mall L.L.C.
  09-12144 (ALG)   April 16, 2009
GGP-Maine Mall Holding L.L.C.
  09-12145 (ALG)   April 16, 2009
GGP-Maine Mall Land L.L.C.
  09-12146 (ALG)   April 16, 2009
GGP-Mall of Louisiana, L.P.
  09-12018 (ALG)   April 16, 2009
GGP-Mint Hill L.L.C.
  09-11969 (ALG)   April 16, 2009
GGP-Moreno Valley, Inc.
  09-12147 (ALG)   April 16, 2009
GGP-Newgate Mall, LLC
  09-12148 (ALG)   April 16, 2009
GGP-NewPark, Inc.
  09-12149 (ALG)   April 16, 2009
GGP-NewPark L.L.C.
  09-12004 (ALG)   April 16, 2009
GGP-North Point, Inc.
  09-12150 (ALG)   April 16, 2009
GGP-North Point Land L.L.C.
  09-12016 (ALG)   April 16, 2009
GGP-Pecanland, Inc.
  09-12151 (ALG)   April 16, 2009
GGP-Pecanland, L.P.
  09-11990 (ALG)   April 16, 2009
GGP-Pecanland II, L.P.
  09-11991 (ALG)   April 16, 2009
GGP-Redlands Mall L.L.C.
  09-12152 (ALG)   April 16, 2009
GGP-Redlands Mall, L.P.
  09-11973 (ALG)   April 16, 2009
GGP-South Shore Partners, Inc.
  09-12153 (ALG)   April 16, 2009
GGP-Steeplegate, Inc.
  09-12154 (ALG)   April 16, 2009
GGP-Tucson Land L.L.C.
  09-11975 (ALG)   April 16, 2009
GGP-Tucson Mall L.L.C.
  09-12155 (ALG)   April 16, 2009
GGP-UC L.L.C.
  09-12156 (ALG)   April 16, 2009
Grand Canal Shops II, LLC
  09-12157 (ALG)   April 16, 2009
Grandville Mall, Inc.
  09-12159 (ALG)   April 16, 2009
Grandville Mall II, Inc.
  09-12158 (ALG)   April 16, 2009
Greengate Mall, Inc.
  09-12160 (ALG)   April 16, 2009
Greenwood Mall Land, LLC
  09-12161 (ALG)   April 16, 2009
Harbor Place Associates Limited Partnership
  09-12009 (ALG)   April 16, 2009
Harborplace Borrower, LLC
  09-12162 (ALG)   April 16, 2009
HHP Government Services, Limited Partnership
  09-11996 (ALG)   April 16, 2009
Hickory Ridge Village Center, Inc.
  09-12163 (ALG)   April 16, 2009
HMF Properties, LLC
  09-12164 (ALG)   April 16, 2009
Ho Retail Properties I Limited Partnership
  09-11997 (ALG)   April 16, 2009
Ho Retail Properties II Limited Partnership
  09-12165 (ALG)   April 16, 2009
Hocker Oxmoor, LLC
  09-12166 (ALG)   April 16, 2009
Hocker Oxmoor Partners, LLC
  09-12167 (ALG)   April 16, 2009
Howard Hughes Canyon Pointe Q4, LLC
  09-12168 (ALG)   April 16, 2009

36


 

         
Debtor   Case Number   Date Filed
The Howard Hughes Corporation
  09-12169 (ALG)   April 16, 2009
Howard Hughes Properties, Inc.
  09-12170 (ALG)   April 16, 2009
Howard Hughes Properties, Limited Partnership
  09-12171 (ALG)   April 16, 2009
Howard Hughes Properties IV, LLC
  09-12172 (ALG)   April 16, 2009
Howard Hughes Properties V, LLC
  09-12173 (ALG)   April 16, 2009
HRD Parking, Inc.
  09-12174 (ALG)   April 16, 2009
HRD Remainder, Inc.
  09-12175 (ALG)   April 16, 2009
Hulen Mall, LLC
  09-12176 (ALG)   April 16, 2009
The Hughes Corporation
  09-12177 (ALG)   April 16, 2009
Kapiolani Condominium Development, LLC
  09-12178 (ALG)   April 16, 2009
Kapiolani Retail, LLC
  09-12179 (ALG)   April 16, 2009
Knollwood Mall, Inc.
  09-12180 (ALG)   April 16, 2009
La Place Shopping, L.P.
  09-11974 (ALG)   April 16, 2009
Lakeside Mall Holding, LLC
  09-12181 (ALG)   April 16, 2009
Lakeside Mall Property, LLC
  09-12182 (ALG)   April 16, 2009
Lakeview Square Limited Partnership
  09-12183 (ALG)   April 16, 2009
Land Trust No. 89433
  09-12184 (ALG)   April 16, 2009
Land Trust No. 89434
  09-12185 (ALG)   April 16, 2009
Land Trust No. FHB-TRES 200601
  09-12186 (ALG)   April 16, 2009
Land Trust No. FHB-TRES 200602
  09-12187 (ALG)   April 16, 2009
Landmark Mall L.L.C.
  09-12188 (ALG)   April 16, 2009
Lansing Mall Limited Partnership
  09-11989 (ALG)   April 16, 2009
Lincolnshire Commons, LLC
  09-12031 (ALG)   April 16, 2009
Lockport L.L.C.
  09-11966 (ALG)   April 16, 2009
Lynnhaven Holding L.L.C.
  09-12189 (ALG)   April 16, 2009
Lynnhaven Mall L.L.C.
  09-12190 (ALG)   April 16, 2009
Majestic Partners-Provo, LLC
  09-12017 (ALG)   April 16, 2009
Mall of Louisiana Holding, Inc.
  09-12191 (ALG)   April 16, 2009
Mall of Louisiana Land, LP
  09-12192 (ALG)   April 16, 2009
Mall of Louisiana Land Holding, LLC
  09-12193 (ALG)   April 16, 2009
Mall of the Bluffs, LLC
  09-12194 (ALG)   April 16, 2009
Mall St. Matthews Company, LLC
  09-12195 (ALG)   April 16, 2009
Mall St. Vincent, Inc.
  09-12196 (ALG)   April 16, 2009
Mall St. Vincent, L.P.
  09-12197 (ALG)   April 16, 2009
Mayfair Mall, LLC
  09-12198 (ALG)   April 16, 2009
MSAB Holdings, Inc.
  09-12199 (ALG)   April 16, 2009
MSAB Holdings L.L.C.
  09-12200 (ALG)   April 16, 2009
MSM Property L.L.C.
  09-12201 (ALG)   April 16, 2009
Natick Retail, LLC
  09-12202 (ALG)   April 16, 2009
New Orleans Riverwalk Associates
  09-11998 (ALG)   April 16, 2009
New Orleans Riverwalk Limited Partnership
  09-11999 (ALG)   April 16, 2009
Newgate Mall Land Acquisition, LLC
  09-12203 (ALG)   April 16, 2009

37


 

         
Debtor   Case Number   Date Filed
Newpark Anchor Acquisition, LLC
  09-12019 (ALG)   April 16, 2009
NewPark Mall L.L.C.
  09-12204 (ALG)   April 16, 2009
North Plains Mall, LLC
  09-12205 (ALG)   April 16, 2009
North Star Anchor Acquisition, LLC
  09-12206 (ALG)   April 16, 2009
North Star Mall, LLC
  09-12207 (ALG)   April 16, 2009
North Town Mall, LLC
  09-12208 (ALG)   April 16, 2009
Northgate Mall L.L.C.
  09-12209 (ALG)   April 16, 2009
NSMJV, LLC
  09-12210 (ALG)   April 16, 2009
Oakwood Hills Mall, LLC
  09-12211 (ALG)   April 16, 2009
Oakwood Shopping Center Limited Partnership
  09-11985 (ALG)   April 16, 2009
Oglethorpe Mall L.L.C.
  09-12212 (ALG)   April 16, 2009
Oklahoma Mall L.L.C.
  09-12213 (ALG)   April 16, 2009
OM Borrower, LLC
  09-12214 (ALG)   April 16, 2009
One Willow Company, LLC
  09-12215 (ALG)   April 16, 2009
Orem Plaza Center Street, LLC
  09-12216 (ALG)   April 16, 2009
Owings Mills Limited Partnership
  09-12217 (ALG)   April 16, 2009
Park Mall, Inc.
  09-12218 (ALG)   April 16, 2009
Park Mall L.L.C.
  09-12219 (ALG)   April 16, 2009
Park Square Limited Partnership
  09-12022 (ALG)   April 16, 2009
Parke West, LLC
  09-12003 (ALG)   April 16, 2009
Parkside Limited Partnership
  09-12021 (ALG)   April 16, 2009
Parkview Office Building Limited Partnership
  09-12020 (ALG)   April 16, 2009
PDC Community Centers L.L.C.
  09-12220 (ALG)   April 16, 2009
PDC-Eastridge Mall L.L.C.
  09-12221 (ALG)   April 16, 2009
PDC-Red Cliffs Mall L.L.C.
  09-12222 (ALG)   April 16, 2009
Peachtree Mall L.L.C.
  09-12223 (ALG)   April 16, 2009
Pecanland Anchor Acquisition, LLC
  09-12224 (ALG)   April 16, 2009
Phase II Mall Subsidiary, LLC
  09-12032 (ALG)   April 16, 2009
Piedmont Mall, L.L.C.
  09-12225 (ALG)   April 16, 2009
Pierre Bossier Mall, LLC
  09-12226 (ALG)   April 16, 2009
Pine Ridge Mall L.L.C.
  09-12227 (ALG)   April 16, 2009
Pines Mall Partners
  09-11970 (ALG)   April 16, 2009
Pioneer Office Limited Partnership
  09-12228 (ALG)   April 16, 2009
Pioneer Place Limited Partnership
  09-12229 (ALG)   April 16, 2009
Price Development Company, Limited Partnership
  09-12010 (ALG)   April 16, 2009
Price Development TRS, Inc.
  09-12230 (ALG)   April 16, 2009
Price Financing Partnership, L.P.
  09-11994 (ALG)   April 16, 2009
Price GP L.L.C.
  09-11995 (ALG)   April 16, 2009
Price-ASG L.L.C.
  09-12231 (ALG)   April 16, 2009
Prince Kuhio Plaza, Inc.
  09-12232 (ALG)   April 16, 2009
Providence Place Holdings, LLC
  09-12233 (ALG)   April 16, 2009
RASCAP Realty, Ltd.
  09-11967 (ALG)   April 16, 2009

38


 

         
Debtor   Case Number   Date Filed
Redlands Land Acquisition Company L.L.C.
  09-12234 (ALG)   April 16, 2009
Redlands Land Acquisition Company LP
  09-12235 (ALG)   April 16, 2009
Redlands Land Holding L.L.C.
  09-12236 (ALG)   April 16, 2009
Ridgedale Center, LLC
  09-12237 (ALG)   April 16, 2009
Rio West L.L.C.
  09-12238 (ALG)   April 16, 2009
River Falls Mall, LLC
  09-12239 (ALG)   April 16, 2009
River Hills Land, LLC
  09-12240 (ALG)   April 16, 2009
River Hills Mall, LLC
  09-12241 (ALG)   April 16, 2009
Rogue Valley Mall L.L.C.
  09-12242 (ALG)   April 16, 2009
Rogue Valley Mall Holding L.L.C.
  09-12243 (ALG)   April 16, 2009
Rouse LLC
  09-11979 (ALG)   April 16, 2009
The Rouse Company LP
  09-11983 (ALG)   April 16, 2009
The Rouse Company at Owings Mills, LLC
  09-12244 (ALG)   April 16, 2009
The Rouse Company BT, LLC
  09-12036 (ALG)   April 16, 2009
The Rouse Company of Florida, LLC
  09-12245 (ALG)   April 16, 2009
The Rouse Company of Louisiana, LLC
  09-12246 (ALG)   April 16, 2009
The Rouse Company of Michigan, LLC
  09-12247 (ALG)   April 16, 2009
The Rouse Company of Minnesota, LLC
  09-12248 (ALG)   April 16, 2009
The Rouse Company of Ohio, LLC
  09-12249 (ALG)   April 16, 2009
The Rouse Company Operating Partnership LP
  09-12037 (ALG)   April 16, 2009
Rouse F.S., LLC
  09-12250 (ALG)   April 16, 2009
Rouse Office Management of Arizona, LLC
  09-12251 (ALG)   April 16, 2009
Rouse Providence LLC
  09-12252 (ALG)   April 16, 2009
Rouse Ridgedale, LLC
  09-12253 (ALG)   April 16, 2009
Rouse Ridgedale Holding, LLC
  09-12254 (ALG)   April 16, 2009
Rouse SI Shopping Center, LLC
  09-12023 (ALG)   April 16, 2009
Rouse Southland, LLC
  09-12255 (ALG)   April 16, 2009
Rouse-Arizona Center, LLC
  09-12256 (ALG)   April 16, 2009
Rouse-Arizona Retail Center Limited Partnership
  09-12012 (ALG)   April 16, 2009
Rouse-Fairwood Development Corporation
  09-12257 (ALG)   April 16, 2009
Rouse-New Orleans, LLC
  09-12258 (ALG)   April 16, 2009
Rouse-Oakwood Shopping Center, LLC
  09-12259 (ALG)   April 16, 2009
Rouse-Orlando, LLC
  09-12260 (ALG)   April 16, 2009
Rouse-Phoenix Cinema, LLC
  09-12261 (ALG)   April 16, 2009
Rouse-Phoenix Corporate Center Limited Partnership
  09-12262 (ALG)   April 16, 2009
Rouse-Phoenix Development Company, LLC
  09-12263 (ALG)   April 16, 2009
Rouse-Phoenix Master Limited Partnership
  09-12013 (ALG)   April 16, 2009
Rouse-Phoenix Theatre Limited Partnership
  09-12011 (ALG)   April 16, 2009
Rouse-Portland, LLC
  09-12264 (ALG)   April 16, 2009
RS Properties Inc.
  09-12265 (ALG)   April 16, 2009
Saint Louis Galleria L.L.C.
  09-12266 (ALG)   April 16, 2009
Saint Louis Galleria Anchor Acquisition, LLC
  09-12267 (ALG)   April 16, 2009

39


 

         
Debtor   Case Number   Date Filed
Saint Louis Galleria Holding L.L.C.
  09-12268 (ALG)   April 16, 2009
Saint Louis Land L.L.C.
  09-12014 (ALG)   April 16, 2009
Seaport Marketplace, LLC
  09-11964 (ALG)   April 16, 2009
Seaport Marketplace Theatre, LLC
  09-11965 (ALG)   April 16, 2009
Sierra Vista Mall, LLC
  09-12269 (ALG)   April 16, 2009
Sikes Senter, LLC
  09-12270 (ALG)   April 16, 2009
Silver Lake Mall, LLC
  09-12271(ALG)   April 16, 2009
Sixty Columbia Corporate Center, LLC
  09-12272 (ALG)   April 16, 2009
Sooner Fashion Mall L.L.C.
  09-12273 (ALG)   April 16, 2009
South Shore Partners, L.P.
  09-11993 (ALG)   April 16, 2009
South Street Seaport Limited Partnership
  09-11963 (ALG)   April 16, 2009
Southlake Mall L.L.C.
  09-12274 (ALG)   April 16, 2009
Southland Center, LLC
  09-12015 (ALG)   April 16, 2009
Southland Center Holding, LLC
  09-12275 (ALG)   April 16, 2009
Southland Mall, Inc.
  09-12276 (ALG)   April 16, 2009
Southland Mall, L.P.
  09-11992 (ALG)   April 16, 2009
Southwest Denver Land L.L.C.
  09-12277 (ALG)   April 16, 2009
Southwest Plaza L.L.C.
  09-12278 (ALG)   April 16, 2009
Spring Hill Mall L.L.C.
  09-12279 (ALG)   April 16, 2009
St. Cloud Land L.L.C.
  09-12280 (ALG)   April 16, 2009
St. Cloud Mall L.L.C.
  09-12033 (ALG)   April 16, 2009
St. Cloud Mall Holding L.L.C.
  09-12281 (ALG)   April 16, 2009
Stonestown Shopping Center L.L.C.
  09-12282 (ALG)   April 16, 2009
Stonestown Shopping Center, L.P.
  09-12283 (ALG)   April 16, 2009
Summerlin Centre, LLC
  09-12284 (ALG)   April 16, 2009
Summerlin Corporation
  09-12285 (ALG)   April 16, 2009
Three Rivers Mall L.L.C.
  09-12286 (ALG)   April 16, 2009
Three Willow Company, LLC
  09-12287 (ALG)   April 16, 2009
Town East Mall, LLC
  09-12288 (ALG)   April 16, 2009
Tracy Mall, Inc.
  09-12289 (ALG)   April 16, 2009
Tracy Mall Partners, L.P.
  09-12290 (ALG)   April 16, 2009
Tracy Mall Partners I L.L.C.
  09-12291 (ALG)   April 16, 2009
Tracy Mall Partners II, L.P.
  09-12292 (ALG)   April 16, 2009
TRC Co-Issuer, Inc.
  09-11984 (ALG)   April 16, 2009
TRC Willow, LLC
  09-12293 (ALG)   April 16, 2009
Tucson Anchor Acquisition, LLC
  09-11976 (ALG)   April 16, 2009
TV Investment, LLC
  09-12294 (ALG)   April 16, 2009
Two Arizona Center, LLC
  09-12295 (ALG)   April 16, 2009
Two Willow Company, LLC
  09-12296 (ALG)   April 16, 2009
Tysons Galleria L.L.C.
  09-12297 (ALG)   April 16, 2009
U.K.-American Properties, Inc.
  09-12298 (ALG)   April 16, 2009
Valley Hills Mall, Inc.
  09-12299 (ALG)   April 16, 2009

40


 

         
Debtor   Case Number   Date Filed
Valley Hills Mall L.L.C.
  09-12034 (ALG)   April 16, 2009
Valley Plaza Anchor Acquisition, LLC
  09-12300 (ALG)   April 16, 2009
VCK Business Trust
  09-12301 (ALG)   April 16, 2009
Victoria Ward Center L.L.C.
  09-12302 (ALG)   April 16, 2009
Victoria Ward Entertainment Center, L.L.C.
  09-12303 (ALG)   April 16, 2009
Victoria Ward, Limited
  09-12304 (ALG)   April 16, 2009
Victoria Ward Services, Inc.
  09-12305 (ALG)   April 16, 2009
The Village of Cross Keys, LLC
  09-12306 (ALG)   April 16, 2009
Visalia Mall L.L.C.
  09-12307 (ALG)   April 16, 2009
Visalia Mall, L.P.
  09-12309 (ALG)   April 16, 2009
Vista Commons, LLC
  09-12308 (ALG)   April 16, 2009
Vista Ridge Mall, LLC
  09-12310 (ALG)   April 16, 2009
VW Condominium Development, LLC
  09-12311 (ALG)   April 16, 2009
Ward Gateway-Industrial-Village, LLC
  09-12312 (ALG)   April 16, 2009
Ward Plaza-Warehouse, LLC
  09-12313 (ALG)   April 16, 2009
Weeping Willow RNA, LLC
  09-12314 (ALG)   April 16, 2009
West Kendall Holdings, LLC
  09-12315 (ALG)   April 16, 2009
Westwood Mall, LLC
  09-12316 (ALG)   April 16, 2009
White Marsh General Partnership
  09-12000 (ALG)   April 16, 2009
White Marsh Mall Associates
  09-12001 (ALG)   April 16, 2009
White Marsh Mall LLC
  09-12317 (ALG)   April 16, 2009
White Marsh Phase II Associates
  09-12002 (ALG)   April 16, 2009
White Mountain Mall, LLC
  09-12318 (ALG)   April 16, 2009
Willow SPE, LLC
  09-12319 (ALG)   April 16, 2009
Willowbrook II, LLC
  09-12320 (ALG)   April 16, 2009
Willowbrook Mall, LLC
  09-12321 (ALG)   April 16, 2009
Woodbridge Center Property, LLC
  09-12322 (ALG)   April 16, 2009
The Woodlands Mall Associates, LLC
  09-12323 (ALG)   April 16, 2009
10 CCC Business Trust
  09-12457 (ALG)   April 22, 2009
20 CCC Business Trust
  09-12458 (ALG)   April 22, 2009
30 CCC Business Trust
  09-12459 (ALG)   April 22, 2009
Burlington Town Center II LLC
  09-12477 (ALG)   April 22, 2009
Capital Mall, Inc.
  09-12480 (ALG)   April 22, 2009
Capital Mall L.L.C.
  09-12462 (ALG)   April 22, 2009
GGP-Columbiana Trust
  09-12464 (ALG)   April 22, 2009
GGP-Gateway Mall, Inc.
  09-12481 (ALG)   April 22, 2009
GGP-Gateway Mall L.L.C.
  09-12467 (ALG)   April 22, 2009
GGP-Mall of Louisiana, Inc.
  09-12478 (ALG)   April 22, 2009
GGP-Mall of Louisiana II, L.P.
  09-12482 (ALG)   April 22, 2009
Grand Traverse Mall Holding, Inc.
  09-12483 (ALG)   April 22, 2009
Grand Traverse Mall Partners, LP
  09-12469 (ALG)   April 22, 2009
Greenwood Mall, Inc.
  09-12484 (ALG)   April 22, 2009

41


 

         
Debtor   Case Number   Date Filed
Greenwood Mall L.L.C.
  09-12471 (ALG)   April 22, 2009
Kalamazoo Mall, Inc.
  09-12485 (ALG)   April 22, 2009
Kalamazoo Mall L.L.C.
  09-12472 (ALG)   April 22, 2009
Lancaster Trust
  09-12473 (ALG)   April 22, 2009
Mondawmin Business Trust
  09-12474 (ALG)   April 22, 2009
PARCIT-IIP Lancaster Venture
  09-12486 (ALG)   April 22, 2009
Parcity L.L.C.
  09-12487 (ALG)   April 22, 2009
Parcity Trust
  09-12488 (ALG)   April 22, 2009
Park City Holding, Inc.
  09-12489 (ALG)   April 22, 2009
PC Lancaster L.L.C.
  09-12490 (ALG)   April 22, 2009
PC Lancaster Trust
  09-12491 (ALG)   April 22, 2009
Running Brook Business Trust
  09-12475 (ALG)   April 22, 2009
Stonestown Shopping Center Holding L.L.C.
  09-12479 (ALG)   April 22, 2009
Town Center East Business Trust
  09-12476 (ALG)   April 22, 2009

42


 

Operating Properties
Retail Properties:
Ala Moana Center (Honolulu, Hawaii)
Alameda Plaza (Pocatello, Idaho)
Animas Valley Mall (Farmington, New Mexico)
Apache Mall (Rochester, Minnesota)
Arizona Center (Phoenix, Arizona)
Augusta Mall (Augusta, Georgia)
Austin Bluffs Plaza (Colorado Springs, Colorado)
Bailey Hills Village (Eugene, Oregon)
Baskin Robbins (Idaho Falls, Idaho)
Bay City Mall (Bay City, Michigan)
Bayshore Mall (Eureka, California)
Beachwood Place (Beachwood, Ohio)
Bellis Fair Mall (Bellingham, Washington)
Birchwood Mall (Port Huron, Michigan)
Boise Town Plaza and Square (Boise, Idaho)
Brass Mill Center(Waterbury, Connecticut)
Burlington Town Center (Burlington, Vermont)
Cache Valley & Marketplace (Logan, Utah)
Canyon Point Village Center (Summerlin, Nevada)
Capital Mall (Jefferson City, Missouri)
Century Plaza (Birmingham, Alabama)
Chapel Hills Mall (Colorado Springs, Colorado)
Chico Mall (Chico, California)
Chula Vista Center (Chula Vista, California)
Collin Creek Mall (Plano, Texas)
Colony Square (Zanesville, Ohio)
Columbia Mall (Columbia, Missouri)
Columbiana Centre (Columbia, South Carolina)
Coronado Center (Albuquerque, New Mexico)
Cottonwood Square (Salt Lake City, Utah)
Country Hills Plaza (Ogden, Utah)
Crossroads Center (St. Cloud, Minnesota)
Deerbrook Mall(Humble, Texas)
Division Crossing (Portland, Oregon)
Eagle Ridge Mall (Lake Wales, Florida)
Eastridge Mall (Casper, Wyoming)
Eastridge Shopping Center (San Jose, California)
Eden Prairie Center (Eden Prairie, Minnesota)
Elk Grove Promenade (Elk Grove, California)
Fallbrook Center (West Hills, California)
Faneuil Hall Marketplace (Boston, Massachusetts)
Fashion Place Mall (Murray, Utah)
Fashion Show Mall (Las Vegas, Nevada)
Foothills Mall (Fort Collins, Colorado)
Fort Union (Salt Lake City, Utah)
Four Seasons Town Center (Greensboro, North Carolina)
Fox River Mall & Plaza North (Appleton, Wisconsin)
Fremont Plaza (Las Vegas, Nevada)
Gateway Crossing (Bountiful, Utah)
*Gateway Mall (Springfield, Oregon)
Gateway Overlook (Baltimore, Maryland)
Glenbrook Square (Fort Wayne, Indiana)

43


 

Grand Teton Mall & Plaza (Idaho Falls, Idaho)
Grand Traverse Mall (Traverse City, Michigan)
Greenwood Mall (Bowling Green, Kentucky)
Halsey Crossing (Gresham, Oregon)
Harborplace (Baltimore, Maryland)
Hulen Mall (Ft. Worth, Texas)
Jordan Creek (West Des Moines, Iowa)
Knollwood Mall (St. Louis Park, Minnesota)
Lakeside Mall (Sterling Heights, Michigan)
Lakeview Square (Battle Creek, Michigan)
Landmark Mall (Alexandria, Virginia)
Lansing Mall (Lansing, Michigan)
Lincolnshire Commons (Lincolnshire, Illinois)
Lockport Mall (Lockport, New York)
Lynnhaven Mall (Virginia Beach, Virginia)
Mall of Louisiana(Baton Rouge, Louisiana)
Mall of the Bluffs (Council Bluffs, Iowa)
Mall St. Matthews (Louisville, Kentucky)
Mall St. Vincent (Shreveport, Louisiana)
Marketplace Shopping Center (Champaign, Illinois)
Mayfair Mall (Wauwatosa, Wisconsin)
Mondawmin (Baltimore, Maryland)
Moreno Valley Mall (Moreno Valley, California)
Newgate Mall (Ogden, Utah)
Newpark Mall (Newark, California)
North Plains Mall (Clovis, New Mexico)
North Point Mall (Alpharetta, Georgia)
North Star Mall (San Antonio, Texas)
Northgate Mall (Chattanooga, Tennessee)
Northridge Fashion Center (Northridge, California)
Northtown Mall (Spokane, Washington)
Oakwood Mall (Eau Claire, Wisconsin)
Oakwood Shopping Center (Gretna, Louisiana)
Oglethorpe Mall (Savannah, Georgia)
Orem Plaza Center Street (Orem, Utah)
Orem Plaza State Street (Orem, Utah)
Oviedo Marketplace (Oviedo, Florida)
Owings Mills Mall (Owings Mills, Maryland)
Oxmoor Center (Louisville, Kentucky)
Park City Center (Lancaster, Pennsylvania)
Park Place (Tucson, Arizona)
Park West (Peoria, Arizona)
Peachtree Mall (Columbus, Georgia)
Pecanland Mall (Monroe, Louisiana)
Piedmont Mall (Danville, Virginia)
Pierre Bossier (Bossier City, Louisiana)
Pine Ridge Mall (Pocatello, Idaho)
Pioneer Place (Portland, Oregon)
Plaza 800 (Sparks, Nevada)
Plaza 9400 (Sandy, UTA)
Prince Kuhio Plaza (Hilo, Hawaii)
Providence Place (Providence, Rhode Island)
Red Cliffs Mall (St. George, Utah)
Red Cliffs Plaza (St. George, Utah)
Redlands Mall (Redlands, California)
Regency Square Mall (Jacksonville, Florida)

44


 

Ridgedale Center (Minnetonka, Minnesota)
Rio West Mall (Gallup, New Mexico)
River Falls Mall (Clarksville, Indiana)
River Hills Mall (Mankato, Minnesota)
River Pointe Plaza (West Jordan, Utah)
Riverlands Shopping Center (La Place, Louisiana)
Riverside Plaza (Provo, Utah)
Rivertown Crossings (Grandville, Michigan)
Riverwalk Markeplace (New Orleans, Louisiana)
Rogue Valley Mall (Medford, Oregon)
Running Brook Convenience Center (Columbia, Maryland)
Saint Louis Galleria (St. Louis, Missouri)
Salem Center (Salem, Oregon)
Sikes Senter Mall (Wichita Falls, Texas)
Silver Lake Mall (Coeur d’Alene, Idaho)
Sooner Mall (Norman, Oklahoma)
Southshore Mall (Aberdeen, Washington)
South Street Seaport (New York, New York)
Southlake Mall (Morrow, Georgia)
Southland Center (Taylor, Michigan)
Southland Mall (Hayward, California)
Southwest Plaza (Littleton, Colorado)
Spring Hill Mall (West Dundee, Illinois)
Staten Island Mall (Staten Island, New York)
Steeplegate Mall (Concord, New Hampshire)
Stonestown Center (San Francisco, California)
The Boulevard Mall (Las Vegas, Nevada)
The Crossroads Mall (Portage, Michigan)
The Gallery at Harborplace (Baltimore, Maryland)
The Grand Canal Shoppes at the Venetian (Las Vegas, Nevada)
The Maine Mall (South Portland, Maine)
The Mall at Sierra Vista (Sierra Vista, Arizona)
The Pines Mall (Pine Bluff, Arkansas)
The Shops at Fallen Timbers (Maumee, Ohio)
The Shoppes at the Palazzo(Las Vegas, Nevada)
The Village at Jordan Creek (West Des Moines, Iowa
The Woodlands Mall (The Woodlands, Texas)
Three Rivers Mall (Kelso, Washington)
Town East Mall (Mesquite, Texas)
Tucson Mall (Tucson, Arizona)
Twin Falls Crossing (Twin Falls, Idaho)
Tysons Galleria (McLean, Virginia)
University Crossing (Orem, Utah)
Valley Hills Mall (Hickory, North Carolina)
Valley Plaza (Bakersfield, California)
Village of Cross Keys (Baltimore, Maryland)
Visalia Mall (Visalia, California)
Vista Commons (Summerlin, Nevada)
Vista Ridge Mall (Lewisville, Texas)
Ward Centers(Honolulu, Hawaii)
Washington Park Mall (Bartlesville, Oklahoma)
West Valley Mall (Tracy, California)
Westwood Mall (Jackson, Michigan)
White Marsh Mall (Baltimore, Maryland)
White Mountain Mall (Rock Springs, Wyoming)
Willowbrook Mall (Wayne, New Jersey)

45


 

Woodbridge Center (Woodbridge, New Jersey)
Woodlands Village (Flagstaff, Arizona)
Yellowstone Square & Shop(Idaho Falls, Idaho)
Office Properties:
10 Columbia Corpora Center (Columbia, Maryland)
20 Columbia Corporate Center (Columbia, Maryland)
30 Columbia Corporate Center (Columbia, Maryland)
Canyons Center (Las Vegas, Nevada)
Columbia Association Center (Columbia, Maryland)
Columbia Exhibit Building(Columbia, Maryland)
Columbia Parkside Building (Columbia, Maryland)
Columbia Park Square Building (Columbia, Maryland)
Columbia Park View Building (Columbia, Maryland)
Corporate Pointe North #2(Las Vegas, Nevada)
Corporate Pointe North #3 (Las Vegas, Nevada)
Columbia Ridgely Building #3 (Columbia, Maryland)
Hillshire Property (Las Vegas, Nevada)
Howard Hughes Plaza (Las Vegas, Nevada)
Plaza East (Las Vegas, Nevada)
Plaza West (Las Vegas, Nevada)
The Crossing Business Center (Las Vegas, Nevada)
Master Planned Communities:
Summerlin (Summerlin, Nevada)
Properties Under Development:
Cottonwood Mall (Holladay, Utah)
Kendall Town Center (Miami, Florida)
Nouvelle at Natick (Natick, Massachusetts)
Provo Plaza (Provo, UTA)
Redlands Promenade (Redlands, California)
The Bridges at Mint Hill (Mint Hill, North Carolina)
The Shops at Summerlin Centre (Summerlin, Nevada)

46