name: Pennsylvania Real Estate Investment Trust (PREIT) description: | Pennsylvania Real Estate Investment Trust (PREIT) is a Philadelphia-based mall REIT founded in 1960 by Sylvan M. Cohen. The trust developed, owned, and managed mixed-use retail destinations — including Cherry Hill Mall, Woodland Mall, Mall at Prince George's, and Springfield Town Center — across roughly nine states in the eastern and midwestern United States. PREIT filed for Chapter 11 bankruptcy protection twice in four years. The first filing, on November 1, 2020, was a pre-packaged restructuring resolved by December 11, 2020. The second filing, on December 10, 2023, was a more consequential restructuring that wiped out public shareholders. PREIT emerged from its second Chapter 11 in early 2024 as a private company owned by its former lenders (reported to include Redwood Capital Management and Nut Tree Capital Management). Common shares were delisted from the New York Stock Exchange, and Jared Chupaila was appointed CEO of the reorganized, privately held entity. The post-emergence PREIT continues to operate its mall portfolio as a private operator. It exposes no public APIs, no developer portal, no documented machine-readable surfaces, and maintains no GitHub organization. This profile is preserved primarily to document the company's Chapter 11 history and its absence from the API economy. image: https://kinlane-productions2.s3.amazonaws.com/api-evangelist-site/avatars/preit-avatar.jpg url: https://github.com/api-evangelist/preit created: 2026-05-23 modified: 2026-05-23 specificationVersion: "0.16" tags: - Real Estate - REIT - Shopping Malls - Retail - Defunct (Public) - Chapter 11 - Private Equity apis: [] common: - type: DomainSecurity url: security/preit-domain-security.yml - type: Website url: https://www.preit.com - type: Wikipedia url: https://en.wikipedia.org/wiki/Pennsylvania_Real_Estate_Investment_Trust - url: https://www.preit.com/news-views/ type: Blog maintainers: - FN: API Evangelist email: info@apievangelist.com x-status: defunct-public x-ch11-filings: - filed: 2020-11-01 emerged: 2020-12-11 type: pre-packaged notes: First Chapter 11 — resolved quickly via pre-packaged plan. - filed: 2023-12-10 emerged: 2024-02 type: restructuring notes: | Second Chapter 11 — emerged in early 2024 (reported February; Wikipedia notes April) as a private company. Former lenders (reported: Redwood Capital Management, Nut Tree Capital Management, and other creditors) took ownership. Common shares were delisted from the NYSE. Jared Chupaila appointed CEO. x-api-surface: none x-developer-program: none x-github-org: none