Hundreds of big-box stores across the country are at risk of closing as another major retail chain struggles to stay afloat. Bed Bath & Beyond’s board removed its CEO last week after it
Restaurateurs with Cash Are Ready to Seize the Post-COVID Moment
Cash-strapped landlords are offering more concessions than ever, while vaccines offer the promise of a normal life. Bloomberg (Bloomberg)—In 2020, a record number of U.S. restaurants closed their doors for
Up to $28B in Distressed Retail Could Hit the Market in the Next 24 Months
So far, lenders have been open to loan workouts, but that won’t last forever, market sources warn. Patricia Kirk As the U.S. enters year two of the COVID-19 pandemic, strip
‘Purgatory’ Grips $146 Billion of Distressed Commercial Property
The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics. Bloomberg (Bloomberg)—Good news about vaccines
Biden to Extend CDC’s Moratorium on Evictions and Foreclosures
Biden plans to sign a package of executive orders within hours of the inauguration, including delaying the expiration of the moratorium. Bloomberg (Bloomberg)—President-elect Joe Biden plans to extend bans on
Why You Should Consider Buying Non-Performing Real Estate Notes
Buying non-performing real estate notes from banks presents a great opportunity, but it’s not without risks. Hugo V. Alvarez The Great Recession was fueled by bad loans in the real