Real Estate Bankruptcy
RMR Group’s OPI Files for Chapter 11 Bankruptcy
The firm plans to equitize $1 billion in looming debt.
Lucid Drives Off With Phoenix Facilities in Auction Win
The acquisition includes several of Nikola Corp.’s manufacturing and office properties.
Stein Mart Leases Disposition Begins
A&G Real Estate Partners is marketing leases for 280 stores, along with distribution and office space, as part of the discount retail chain’s bankruptcy.
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.
Economy Watch: Corporate Retail Defaults Hit New High in Q1
The corporate sector saw nine retail defaults in the first quarter, more than any other business category, according to a recent Moody’s Investors Service report.
Dealing With Bankruptcy: Why Another Retailer Files for Chapter 11
Phillip Hudson, attorney & partner at Saul Ewing Arnstein & Lehr LLP, talked to Commercial Property Executive about the various challenges retailers face in the wake of filing for bankruptcy.
The Toy Story That Ended in Chapter 11
In the world of retailer Chapter 11 bankruptcy filings, Toys “R” Us’ massive failure is a bit of an anomaly, observes Avison Young Principal Jay Maddox.
Uncertainty About Retailers Affecting Mall Deal Activity
In the second quarter of 2017, shopping center deal flow fell at a rate greater than any other major asset class, fueled by concerns about the changing face of retail and whether individual tenants will be able to withstand the impact of e-commerce, notes Yardi Matrix Associate Director of Research Paul Fiorilla.
Economy Watch: Bankruptcy Rates Lowest in Years
The number of bankruptcy filings during 2016 was the lowest for any calendar year since 2006—another indicator that the economy has mostly recovered since the recession.