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  "documentTitle": "Mall REIT sector (long General Growth Properties) (GGP)",
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  "authorName": "William Ackman",
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  "presentationDate": "2010-05-26 00:00:00",
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      "text": "Now assume one of the malls suffers catastrophic risk. One-third of the equity value is lost, and leverage remains the same",
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      "text": "Total Mall Value $200 - Total Debt $120 = Total Equity $80",
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      "text": "Illustrative Example: Non-Recourse Financed Mall Portfolio (Cont'd)",
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