Syracuse-based Pyramid Management Group, the owner of Destiny USA, has secured new financing for Crossgates Mall near Albany.

The five-year, $193 million new loan will allow Pyramid to continue to invest in the property, the company said in a news release.

“Crossgates Mall continues to demonstrate exceptional strength and resilience, maintaining 90% occupancy and generating $636 in sales per square foot,” Pyramid CEO Stephen Congel said in the news release. “Our continued focus on strategic innovation and enhancing the overall guest experience has enabled us to successfully secure new, long-term financing for this property.”

Congel also said Pyramid expects to announce more retail, dining and entertainment tenants at Crossgates in the coming months.

Crossgates, located outside Albany i

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