Finance
COVID-19 Shakeup Reaches Neiman Marcus, Lord & Taylor
One leading retailer has filed for Chapter 11 bankruptcy protection, and the other is planning an inventory liquidation once stores reopen.
Tomorrow’s Jobs Report Will Be Bad. What’s Next for CRE?
Top experts from CBRE, Moody’s Analytics, MBA and NAREIT reveal their key takeaways as real estate unpacks the unfolding crisis.
Nashville Commercial Real Estate Wrap-Up – April 2020
Office high-rise project lands $141 million loan. Vacant downtown building slated for hotel conversion. Catch up with our April selection of Nashville must-reads.
Why Lenders Are Taking a Step Back: Q&A
Money360 President Gary Bechtel on how the lending community is adapting to uncertainty and what to expect in the short and medium terms.
CIM Group Launches New Fund
The new closed-end interval fund will pursue both real estate/infrastructure and commercial real estate credit investments.
Life Companies Adjust to New Lending, Investment Picture
COVID-19 rewrote the script for insurance companies’ 2020 strategies. Here’s what to expect.
Nashville Industrial Asset Lands $11M Refi
Franklin Synergy Bank’s new origination retires a prior, $6.6 million loan from the same lender.
Kimco Realty Adds $215M to Term Loan
By upsizing its recent unsecured term loan facility to $590 million, the company has brought its immediate liquidity to more than $2.2 billion.
CBRE Arranges $34M Refi for Phoenix Business Park
The team secured financing from Alliance Bank of Arizona on behalf of Velocis.
CMBS Late Payments Starting to Mushroom
The scope of delayed payments is expected to increase for loans secured by certain asset types, according to data released by the CRE Finance Council.