The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics.
The mall formerly known as the Fashion Outlets of Las Vegas was auctioned off this week for $1.525 million.
By December, the city’s apartment investors were behind on $395 million in debt backed by mortgage bonds.
Columbia Sussex Group is in foreclosure on three hotels and is prepared to surrender two others to the lender.