Office leasing in the borough fell by nearly 47 percent from the same period last year, according to Colliers International.
B+E has launched a new division to support special servicing of distressed net lease debt in response to the emerging opportunities.
The mall formerly known as the Fashion Outlets of Las Vegas was auctioned off this week for $1.525 million.
“I have a whole subset of students who experience anxiety around whether they can be themselves when they go out there to look for a job.”
By December, the city’s apartment investors were behind on $395 million in debt backed by mortgage bonds.
The deal would take the retailer through a prearranged restructuring of its debt.
Supermarkets, drugstores and bank branches have been the most reliable retail tenants through the pandemic.
Columbia Sussex Group is in foreclosure on three hotels and is prepared to surrender two others to the lender.
One lobby group estimates 250,000 small firms are at risk of going bust.
“While we all want to protect health, we also have to fund our mandates,” says MBA’s policy head Mike Flood.
