General Growth Properties Inc., the No. 2 mall operator in the United States, has warned that an ongoing slump in retail sales, combined with the credit market lockdown, has pushed the company to the brink of bankruptcy.
Actually, this dark downturn offers opportunity for those of us who waited to purchase or lease our property. I am very excited that over the next year and a half, we are going to be positioned to get a prime location for our church. We could have never seen this coming a few years ago in the DC metro area, however, as I kept telling my people, this would come and has come. It’s amazing to see what GOD is allowing for us in this area to get out roots deep and at the same time, be able to offer the most we can for those around us in the community!
This is all very interesting. Read on below for the whole article…