CRE investors are looking for both assets that have been hard-hit by the pandemic, as well as more stable properties.
Citing breached covenants, Simon Property Group has terminated its $3.6 billion merger agreement with Taubman Centers.
Despite losing some income from ground-floor tenants, relatively strong collections from core residential tenants have softened the financial blow for multifamily owners.
For many hotel executives, doing the dirty work now is equipping them to become better leaders later.
The Triple Five Group borrowed billions to complete the American Dream mall in New Jersey. It now has to deal with distressed debt.
A new report from Reonomy looks at where property valuations might dip the most.
The company is holding talks about handing over operations of its WeLive location near Washington, D.C.