Forever 21 Eyes Another Bankruptcy Filing
The mall-based retailer continues to face stiff competition from Shein and Temu.
The mall-based retailer continues to face stiff competition from Shein and Temu.
The biggest leases, sales and financing deals this week in New York City.
The biggest leases, sales and financing deals this week in New York City.
The fast fashion brand's U.S. operator said competition from online retailers like Shein and Temu had undercut margins and forced the firm to close its stores.
The biggest leases, sales and financing deals in New York City this week.
In addition to the $670M mortgage, RXR's landmarked building is tied to $125M in mezzanine debt from Morgan Stanley and Brookfield.
The first quarter's 12.2M SF of office leases pushed office availability down to 17.7% from 20.1% a year ago.
The flood of redemption requests has slowed, but many nontraded funds are still facing a cash crunch.
Wells Fargo Center’s $365M value drop makes it a symbol of Denver’s worsening office crisis as CMBS debt holders brace for steep losses.
The biggest leases, sales and financing deals this week in New York City.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.