Depends:

As an indicator of Oklahoma's relative retail strength: good

As an indicator of Simon Malls' capital strength: not so good

It also could mean less improvement to these properties as they will be serving more debt. Basically, Simon has leveraged the strength of these two properties to raise capital. If they can not ultimately service that debt, it could be very bad, as you then have a failed mortgage on relatively large retail properties in a time when there probably isn't a lot of money out there to save it. They will always have value if they keep their sales up, but you never know how a sale resulted from a foreclosure will work itself out.