Exhibit 99
MORTGAGE AND OTHER NOTES PAYABLE
INCLUDING WEIGHTED INTEREST RATES AT NOVEMBER 2, 2001
FIXED/
BENEFICIAL LIBOR+
100% INTEREST SPREAD (a) MATURITIES AT BENEFICIAL INTEREST
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11/02/01 11/02/01 11/02/01 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 TOTAL
-------- -------- -------- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- ---- -----
CONSOLIDATED FIXED RATE DEBT:
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BEVERLY CENTER 146.0 146.0 8.36% 146.0 146.0
BILTMORE 79.2 79.2 7.68% 0.2 0.8 0.8 0.9 1.0 1.1 1.2 1.2 72.0 79.2
MACARTHUR CENTER 143.9 100.7 7.59% 0.2 1.0 1.1 1.1 1.2 1.3 1.4 1.5 1.7 90.2 100.7
REGENCY SQUARE 82.5 82.5 6.75% 82.5 82.5
THE MALL AT SHORT HILLS 270.0 270.0 6.70% 1.9 3.0 3.2 3.5 3.7 4.0 4.2 246.4 270.0
OTHER 23.8 23.8 12.03% 0.3 1.8 0.3 0.3 0.3 0.4 0.4 0.1 20.0 0.0 0.0 23.8
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TOTAL CONSOLIDATED FIXED 745.4 702.2 7.47% 0.7 5.4 5.3 151.6 6.0 6.5 6.9 7.1 340.1 90.2 82.5 702.2
WEIGHTED RATE 7.14% 7.20% 7.02% 8.31% 7.02% 7.02% 7.03% 7.06% 7.28% 7.59% 6.75%
CONSOLIDATED FLOATING RATE DEBT:
GREAT LAKES CROSSING 151.2 128.4 4.04% (c) 0.2 128.2 128.4
THE SHOPS AT WILLOW BEND 182.4 182.4 4.15% (d) 182.4 182.4
WELLINGTON GREEN 118.8 106.9 4.47% (e) 106.9 106.9
TRG CREDIT FACILITY 8.5 8.5 3.50% (i) 8.5 8.5
TRG CREDIT FACILITY 205.0 205.0 3.16% (f) 205.0 205.0
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TOTAL CONSOLIDATED FLOATING 665.8 631.2 3.85% 0.2 136.7 182.4 311.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 631.2
WEIGHTED RATE 4.04% 4.01% 4.15% 3.61% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL CONSOLIDATED 1,411.3 1,333.4 5.76% 0.9 142.1 187.7 463.5 6.0 6.5 6.9 7.1 340.1 90.2 82.5 1,333.4
WEIGHTED RATE 6.45% 4.13% 4.23% 5.15% 7.02% 7.02% 7.03% 7.06% 7.28% 7.59% 6.75%
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JOINT VENTURES FIXED RATE DEBT:
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ARIZONA MILLS 36.84% 145.0 53.4 7.90% 0.1 0.4 0.5 0.5 0.6 0.6 0.6 0.7 0.8 48.7 53.4
CHERRY CREEK 50.00% 177.0 88.6 7.68% 0.5 1.3 86.7 88.6
FAIR OAKS 50.00% 140.0 70.0 6.60% 70.0 70.0
WESTFARMS 78.94% 100.0 78.9 7.85% 78.9 78.9
WOODLAND 50.00% 66.0 33.0 8.20% 33.0 33.0
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TOTAL JOINT VENTURE FIXED 628.0 323.9 7.58% 0.1 79.4 0.5 34.0 1.8 87.3 0.6 70.7 0.8 48.7 0.0 323.9
WEIGHTED RATE 7.90% 7.85% 7.90% 8.19% 7.75% 7.68% 7.90% 6.61% 7.90% 7.90% 0.00%
JOINT VENTURES FLOATING RATE DEBT:
DOLPHIN MALL 50.00% 164.6 (b) 82.3 4.53% (e) 82.3 82.3
THE MALL AT MILLENIA 50.00% 44.1 22.1 4.46% (g) 22.1 22.1
STAMFORD TOWN CENTER 50.00% 76.0 38.0 3.33% (g) 38.0 38.0
INTERNATIONAL PLAZA 26.49% 160.4 42.5 4.40% (e) 42.5 42.5
WESTFARMS 78.94% 55.0 43.4 5.16% (h) 43.4 43.4
OTHER 2.4 1.5 5.50% (i) 0.1 0.4 0.4 0.4 0.1 1.5
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TOTAL JOINT VENTURE FLOATING 502.6 229.8 4.42% 0.1 206.7 22.5 0.4 0.1 0.0 0.0 0.0 0.0 0.0 0.0 229.8
WEIGHTED RATE 5.50% 4.41% 4.48% 5.50% 5.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL JOINT VENTURE 1,130.6 553.7 6.27% 0.2 286.0 23.0 34.4 1.9 87.3 0.6 70.7 0.8 48.7 0.0 553.7
WEIGHTED RATE 6.71% 5.37% 4.55% 8.16% 7.60% 7.68% 7.90% 6.61% 7.90% 7.90% 0.00%
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TRG BENEFICIAL INTEREST TOTALS
FIXED RATE DEBT 1,026.1 7.50% 0.8 84.8 5.7 185.6 7.8 93.8 7.6 77.8 340.9 138.8 82.5 1,026.1
7.23% 7.81% 7.09% 8.29% 7.19% 7.64% 7.10% 6.65% 7.28% 7.70% 6.75%
FLOATING RATE DEBT 861.0 4.00% 0.3 343.4 204.9 312.3 0.1 0.0 0.0 0.0 0.0 0.0 0.0 861.0
4.52% 4.25% 4.19% 3.61% 5.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL 1,887.1 5.91% 1.1 428.2 210.6 497.9 8.0 93.8 7.6 77.8 340.9 138.8 82.5 1,887.1
6.50% 4.96% 4.26% 5.35% 7.16% 7.64% 7.10% 6.65% 7.28% 7.70% 6.75%
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Average Maturity 5.36
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(a) Does not include effect of amortization of debt issuance costs or interest rate hedging costs.
(b) As of 11/2/01, $200 million is swapped to an all-in rate of 8.14%. Because the swap does not qualify for hedge accounting, changes in the fair value of the swap are recognized as a reduction to earnings.
(c) LIBOR rate is locked to March 2002.
(d) LIBOR rate is locked to November 2002.
(e) LIBOR rate is locked to October 2002.
(f) LIBOR rate is locked to November 2002 on $75M, to February 2002 on $50M and is floating month to month on $80M.
(g) LIBOR rate is floating month to month.
(h) LIBOR rate is locked to July 2002.
(i) Rate floats daily.
