When the eviction protection program runs out, tens of thousands tenants and landlords will still be facing the same challenges, reports The Real Deal. Most restaurant chains in the U.S. plan to expand in 2023, reports Chain Store Age. These are...
As U.S. economic growth shows signs of slowing, more loans are being downgraded — November saw the most cuts for issuers since May 2020, according to JPMorgan. CLO managers are avoiding CCC loans, or even loans close to getting downgraded to that...
Housing Works, a New York City-based nonprofit that runs a chain of thrift shops, will launch sales at a 4,400-square-foot Manhattan dispensary at 1 Astor Place, Governor Kathy Hochul said on Wednesday. All proceeds will be directed to the nonprofit.
Activist investor Jonathan Litt is urging amusement parks operator Six Flags to monetize its real estate holdings, reports The Wall Street Journal. One distressed real estate expert sees a coming wave that will be larger than during the 2008-09...
Farmland prices in the Midwest, the nation’s breadbasket, jumped 20 percent just in the third quarter from a year earlier—bucking a downturn in the residential real estate market, according to data from the Federal Reserve Bank of Chicago and the...
The negotiations with Cineworld’s lenders are no longer continuing, AMC said in a US Securities and Exchange Commission filing Wednesday. There’s no assurance that AMC will resume the talks or that the parties could come to terms, the Leawood...
Researchers at the Federal Reserve Bank of Cleveland and the Bureau of Labor Statistics built a gauge that’s based only on the leases of tenants who recently moved in, and compared it with another that measures the average of rents for all tenants.
Commercial Observer predicts more challenges for New York City’s office market in 2023. The Real Deal reviews the most outlandish real estate lawsuits of the year that played out in Southern California. These are among today’s must reads from...
GlobeSt.com looks at whether investment sales are likely to recover in the new year. Small and midsize businesses in the U.S. are increasingly relying on nearshoring to deal with supply chain issues, reports Chain Store Age. These are among today...
Major finance, law and tech firms have relocated or expanded to the Miami area in the past two years, drawn to the business-friendly environment, warmer weather and talent pool. In turn, legal, accounting and communications companies have been...