While there are still a lot of unknowns about how the pandemic will play out, we talked to seven commercial real estate economists about their views on the future of the industry.
From providing tactical support to small business tenants to selling land parcels, mall REITs are looking for ways to stem the bleeding.
The company plans to close about a third of its 687 stores.
A survey of 1,000 fitness club users showed more than a third have cancelled or plan to cancel their gym memberships.
Given unraveling retail rents, a J.C. Penney REIT might be a tough sell in this environment. But the chain’s stores might become a goldmine for Amazon.
The lawsuit by the lenders called the reorganization a “corporate shell game.”
The Mall of America missed two months of payments on a $1.4 billion CMBS loan.
Estimates range from declines of 8.5 percent to 13.0 percent through 2020.