(Ian Ritter is national online editor for GlobeSt.com/RETAIL.)

CHEVY CHASE, MD-Mills Corp. officials say that Goldman Sachs has given the troubled REIT an extension on its senior term loan's maturity date from Dec. 31 to March 31. Mills first received a commitment of up to nearly $1.5 billion from Goldman Sachs in May.

The extension is based on the condition that Mills files its restated financial results from last year by Jan. 31 and audited statements from this year by March 1. The locally based firm is refiling its financials after executives revealed since last year accounting irregularities, an SEC investigation, higher-than-projected development costs, and other issues.

Mills executives expect to file the company's 2005 annual report by the end of January. Quarterly reports from the past year are forecast to be filed within 45 days afterwards.

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