The apartment rental market comprised of units priced at $22,000 a month and more has seen a 75 percent drop in listings.
The lenders are pushing for offers closer to the approximately $2.2 billion in debt the department store chain carries.
Perhaps no segment of the business world is tasked with more responsibility to implement safe work environments than CRE investors and owners.
Some malls are still holding back-to-school marketing events, but outdoors, with attendance limits and social distancing guidelines.