(Bloomberg)—Taubman Centers Inc. says rival mall landlord Simon Property Group Inc.
Jonathan Weiss/Shutterstock In a new legal filing, Taubman argues that it would suffer “irreparable harm” if the deal isn’t closed.
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baona/iStock/Getty Images CalPERS investment committee would like to increase the fund’s target for opportunistic strategies, reports Pensions & Investments. Greater Greater Washington looks at how commercial real estate can address the underrepresentation of black professionals in the
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Davel5957/iStock/Getty Images Nearly two months after work was halted on the project, construction has resumed.
The Tech Hub, part of a $120 million renovation of the structure, was launched in 2019.
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The coronavirus pandemic resulted in unprecedented disruption to the global supply chain. Food suppliers couldn’t get product
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Diana Haronis/Getty Images The major beauty chains used to drive customers into stores with promises of free product testing and salon services. How will they adapt to a new world?
Like many retailers deemed non-essential, beauty chains
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KEREM YUCEL/AFP/Getty Images The property didn’t make a $7 million debt payment for June.
(Bloomberg)—Minnesota’s Mall of America missed another payment on a $1.4 billion mortgage, putting the borrower more than 60
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Elijah-Lovkoff/iStock/Getty Images The level of distress in this segment of commercial real estate lending has remained low so far, but new issuance has screeched to a halt.
Commercial real estate collateralized loan
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littleny/iStock/Getty Images Eighty-nine percent of apartment households made a full or partial rent payment by June 13, according to The National Multifamily Housing Council (NHMC) Rent Payment Tracker. Simon and Taubman might go into a
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IVAN ARAGON ALONSO/iStock/Getty Images Guidelines are in the market, although not all properties seem to be applying best practices.
The hotel industry has been diligent in developing standards to
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jossnatu/iStock/Getty Images In part two of a four-part series on loan workouts, Holland & Knight's Susan J. Booth outlines all of a lender's options.
If you are
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