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 investment bank will advise the REIT on options for a $1.5 billion revolving credit facility that comes due in July.
The department store chain expects this to be a “recovery and rebuilding year,” with net sales well below pre-pandemic forecast.
The department store chain is pushing against a group that seeks to name nine of its board directors and chain its inventory strategy.
Mall owners Simon Property and Kimco Realty Corp. have both gained more than 70 percent since the end of October.
The pandemic prompted some developers to tap the brakes on new projects. That’s not the case at Howard Hughes Corp.
Women, minorities, the young and the less educated will likely be the hardest hit by hallowing out of retail, hospitality and entertainment jobs.
London’s main shopping district plans to erect Marble Arch Hill to operate for six months starting in the summer.
What goes into constructing some of the most transparent, consistent and cited commercial real estate price indexes?
Target Corp., Kroger Co., and Starbucks all are dangling financial perks to entice workers to get vaccinated.