National Retail Walgreens to close 1,200 stores over the next three years 10/16/2024 | Bisnow Subcategory: Retail: Shopping, Retail: Specialty Tags: Closing | Default | Earnings | Legal-Lawsuit | Strategy Read More
National Retail Wholesaler True Value in Bankruptcy to Sell Itself to Rival; Do it Best Corp is the stalking horse bidder, offered $153 million, True Value has ‘faced significant liquidity challenges’ 10/15/2024 | Bloomberg Subcategory: Retail: Shopping Tags: Default | Legal-Lawsuit | Proposed | Sale Read More
Maryland Office Bank reportedly forecloses on Chasen’s office conversion in Baltimore; The developer planned to turn the historic One Calvert Plaza into 173 apartments 10/15/2024 | Multifamily Dive Subcategory: Office: CBD Tags: Conversion | Default | Foreclosure | Legal-Lawsuit | Proposed Read More
Illinois Multifamily TPG Angelo Gordon surrenders Gold Coast apartments in $130M deed-in-lieu; Lender ACORE’s takeaway marks one of the biggest of the year for Chicago multifamily 10/15/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
New York Office Worldwide Plaza’s $940M Loan Hits Special Servicing After RXR, SL Green JV Misses Debt Payment 10/14/2024 | Bisnow Subcategory: Capital Markets: Debt, Office: CBD Tags: Default | Foreclosure | JV-Partnership | Legal-Lawsuit Read More
National Retail Sears Is Looking for Rent Relief on Last-Standing Stores; Company has tapped advisers to help score rent concessions, Sears shedded hundreds of stores through bankruptcy in 2022 10/9/2024 | Bloomberg Subcategory: Retail: Shopping Tags: Business: Insights | Default | Lease | Strategy Read More
National Capital Markets Hedge Fund Deer Park Eyes Distressed Property Debt in 2009 Rerun 10/7/2024 | Bloomberg Subcategory: Capital Markets: Debt, Office: CBD, Office: Suburban, Office: Urban Tags: Business: Insights | Default | Foreclosure | Strategy Read More
Ohio Mixed-Use Olshan Properties Lands $106M for 1.1M SF Mixed-Use Complex in Dayton, OH 10/7/2024 | CPE Subcategory: Capital Markets: Debt, Mixed-Use: Retail-MF-Office, Retail: Shopping Tags: Closing | Default | Legal-Lawsuit | Operations Read More
National Retail Stalking horse bidder emerges for Conn’s Inc., sets minimum price; A separate auction for Conn’s real estate will be held later 10/7/2024 | Houston Business Journal Subcategory: Retail: Shopping Tags: Auction | Default | Foreclosure | Legal-Lawsuit | Proposed | Sale Read More
Illinois Multifamily Related Midwest faces $175M foreclosure on Lake Shore apartment tower; MassMutual refinanced 47-story property in 2014 and sued after granting forbearance Related and its partner, an arm of the AFL-CIO 10/4/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
National Multifamily Tides’ turnaround strategy: total transparency; The embattled syndicator needs to resell itself to lenders and investors. Can it do so by copping to its mistakes? 10/4/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Business: Insights | Default | Foreclosure | Legal-Lawsuit | Q&A | Strategy Read More
Illinois Multifamily City Club’s Holtzman hit with $69M East Loop multifamily foreclosure; Prime Finance sued to take over 190-unit apartment building 10/3/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
National Capital Markets Strategic Value Partners’ (SVP) Khosla Warns There’s a ‘Tsunami’ Coming for US Offices; says firm has only done one deal out of 100 they considered. Debt maturities are causing trouble for the sector 10/3/2024 | Bloomberg Subcategory: Capital Markets: Debt, Office: CBD, Office: Suburban, Office: Urban Tags: Default | Legal-Lawsuit | Q&A Read More
New Jersey Hospitality Capital Insight buys the 198-room Doubletree Jersey City Hotel for $61.5M ($310,606/room), CMBS Loan Gets Assumed 9/20/2024 | CRE Direct Subcategory: Capital Markets: Debt, Hospitality: Hotel Tags: Default | Foreclosure | Sale Read More
Texas Multifamily Stalled co-living tower in Museum District to restart this fall; X Company cleared up construction liens, found financing for 33-story development 9/20/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Legal-Lawsuit | New Construction | Operations | Property Management Read More
National Hospitality $410M Ashford Hospitality loan lands in special servicing again 9/18/2024 | The Real Deal Subcategory: Capital Markets: Debt, Hospitality: Hotel Tags: Default | Legal-Lawsuit Read More
National Retail Hawkers Asian Street Food files for Chapter 11 bankruptcy protection 9/17/2024 | Nation's Restaurant News Subcategory: Retail: Restaurant Tags: Bankruptcy | Default | Legal-Lawsuit | Operations | Strategy Read More
National Retail BurgerFi to Sell Company out of Bankruptcy 9/17/2024 | QSR Magazine Subcategory: Retail: Restaurant Tags: Bankruptcy | Default | Legal-Lawsuit | Strategy Read More
Texas Multifamily Tides Equities could lose two more North Texas apartment complexes; Starwood foreclosing on Denton County holdings after $153M default 9/17/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Auction | Default | Foreclosure | Legal-Lawsuit Read More
Arizona Retail 6 Phoenix-Area LL Flooring Stores Will Stay Open 9/16/2024 | Connect CRE Subcategory: Retail: Shopping Tags: Bankruptcy | Default | Legal-Lawsuit | Operations Read More
