Commercial Property

U.S. Bankruptcy Tracker: Virus Sparks Worst December Since 2011

Published by National Real Estate Investor | December 22, 2020 The 44 bankruptcies by companies with over $50 million since Oct. 1 make the fourth quarter the worst period since 2009. (Bloomberg)—Last month saw 16 large companies file for bankruptcy protection in the U.S., the most of any December since 2011, according to Bloomberg data. …

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Mall Stakeholders Square Off Over Missed Payments

Originally published by REALTOR Magazine | October 28, 2020 Saks at Miami mall, Midtown Manhattan retail property become foreclosure targets As the pandemic presses on, lenders are looking to delinquent mall owners to meet their payment obligations. This spring, lenders at first showed some willingness to allow rent deferrals or other concessions for mall owners …

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