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Lenders Take Control Of Giant Cinema Chain Through £1B Debt Restructuring
News

Lenders Take Control Of Giant Cinema Chain Through £1B Debt Restructuring

... majority owners, the Canadian pension funds AIMCo and OMERS, cede control. They paid £1B for Vue in 2013. Vue had a ... pandemic, the company was at loggerheads with landlords over unpaid rent.  Following the debt restructuring Vue will have about £7M available ...

Jul 14, 2022
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Nearly 4 In 10 Small-Business Owners Unable To Make Rent As Costs Soar
News

Nearly 4 In 10 Small-Business Owners Unable To Make Rent As Costs Soar

... Restaurants have been particularly hard-hit, with the rate of rent delinquency climbing from 36% in September to 49% in ... % reporting furloughs or reduced hours. In an effort to control inflation, the Federal Reserve is expected to raise interest rates ...

Nov 01, 2022
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Apartment Interior Generic
News

Greystar Rolls Out Workforce Housing Brand With Capped Rent Growth Model

... per month for two-bedroom units. To facilitate these rent levels, Greystar recently opened a modular construction factory called ... . “Over the past two years, our ability to control construction costs has differentiated us from our competitors,” Hillpointe ...

May 31, 2023
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Hillsboro_Civic_Center_LEED_Gold_plaque
News

LEED-Certified Office Buildings Bring 4% Rent Premium: CBRE

... statistical analysis to control for buildings' location, age and renovation history. The average 4% rent premium is for the ... buildings, however, the report found no statistically significant rent premium associated with higher levels of LEED certification ( ...

Oct 24, 2022
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DOJ Could Intervene In Rent-Setting Lawsuit Against RealPage
News

DOJ Could Intervene In Rent-Setting Lawsuit Against RealPage

... prevail, they will have to prove RealPage and Yardi Systems control an outsized share of the rental market, Peter Carstensen, a ...

Oct 24, 2023
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Developer Of Staten Island's Empire Outlets Hit With Foreclosure, To Lose Control Of Struggling Mall
News

Developer Of Staten Island's Empire Outlets Hit With Foreclosure, To Lose Control Of Struggling Mall

... Observer reports. The senior lenders on the mall could take control of the property through the foreclosure process. “We are committed ... filled or has a pending lease. More tenants are paying rent now thanks to co-tenancy clauses being filled, and BFC ...

Feb 14, 2022
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A $34B Rent Debt Crisis Is Looming Over The Multifamily Market
News

Looming $34B Rent Debt Crisis Is Much More Than Just Eviction Risk

... 25B and $34B nationally when the Centers for Disease Control and Prevention’s unprecedented eviction moratorium ends on Jan. ... administration understood the potential ramifications of mass evictions that rent debt could precipitate. The CDC’s clarification on ...

Oct 15, 2020
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Asia Capital Installs Flex Rent Program Across 6,500-Apartment Portfolio
News

Asia Capital Installs Flex Rent Program Across 6,500-Apartment Portfolio

... fees and halt evictions even after the Centers for Disease Control and Prevention moratorium ends, so long as the renter ... stimulus bill could lead to more tenants having trouble making rent, and multifamily advocates are lobbying for federal direct rental ...

Sep 15, 2020
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empty pockets
News

October 2020 Looks Just Like October 2019 For Multifamily Rent Payments

... Housing Finance Survey released this summer. The Rent Tracker includes apartment properties of every size, ... rent, when they are receiving only state unemployment payments.  So far, the national eviction moratorium issued by the Centers for Disease Control ...

Oct 11, 2020
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Retailers See Sliding Property Prices As Chance To Control Their Destiny
News

Retailers See Sliding Property Prices As Chance To Control Their Destiny

... some 13% in the borough, while Brooklyn retail rent prices are said to be down by 15% ... pick up once the coronavirus is brought under control. “We're seeing a lot of opportunities ... now worth it to buy rather than pay rent and common charges. She said she is ...

Apr 28, 2021
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