DBRS
Coronavirus Fallout for North American CRE Firms to Vary
Some sectors are poised to weather the impact of COVID-19 while others will be under substantial strain, according to DBRS Morningstar.
CMBS Market Update and Forecast for 2020
The second half of 2019 is proving to be much stronger for the CMBS sector. Find out what fueled the boost in our CMBS Market Update and Forecast.
Victoria’s Secret Closings Add to Weak Malls’ Woes
The lingerie giant is tightening the purse strings, with plans to shutter 53 stores in North America, on the heels of other recent bankruptcy and store closing announcements.
Life After Amazon for Long Island City’s One Court Square
Ratings agency DBRS’s new report forecasts outcomes for the property in light of a looming $315 million loan maturity and the 1 million-square-foot vacancy that the e-commerce giant had planned to fill.
Payless Bankruptcy Spells Trouble for Vulnerable Malls
After filing for its second bankruptcy, the company is shuttering a slew of valuable retail locations—but struggling malls may suffer most.
Shopko Outlines Post-Bankruptcy Footprint
Despite substantial store closures before the Chapter 11 filing, the restructured retail chain will maintain locations in 11 states, while its portfolio will drop to less than half of its previous size.
Long Island City Tower 1st Big Winner of Amazon Move
A report by global credit rating agency DBRS looks at the impact on CMBS and other commercial real estate implications of the e-commerce giant’s decision to locate one of its HQ2 sites in the submarket.