So far, lenders have been open to loan workouts, but that won’t last forever, market sources warn.
Marijuana legalization is expanding. That comes with both opportunities and challenges for commercial real estate investors.
Already this month 15 firms with at least $50 million of liabilities have filed for bankruptcy protection.
The mall REIT approached investors to explore interest in providing bankruptcy financing.
The pandemic has accelerated what some see as a long overdue culling of locations.
Reappraisals slashed valuations on eight of Pyramid Management Group’s malls by an average of 59 percent.
Cash-strapped landlords are offering more concessions than ever, while vaccines offer the promise of a normal life.
The 11th Amazon Fresh store opened on Thursday. Amazon is working on at least 28 more stores.