(Bloomberg)—Bank of America Corp. is making plans for employees to return to
Getty Images The bank is planning to start returning its workforce to offices in phases.
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A survey of 1,000 fitness club users showed more than a third have cancelled or plan to cancel their gym memberships.
(Bloomberg)—Fitness clubs rocked by Covid-19 closures face a swell of bankruptcies with more than $10 billion of revenue
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Given unraveling retail rents, a J.C. Penney REIT might be a tough sell in this environment. But the chain’s stores might become a goldmine for Amazon.
Walloped by
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Americans are itching to get back to a sense of normalcy.
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FREDERIC J. BROWN/AFP via Getty Images New analysis from CoStar showed that 14 of the 20 largest mall tenants are either apparel retailers or department stores, including several names that have now
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Some underwriting standards across the board have being tightened up as lenders begin to finance deals again.
Many lenders that hit the pause button on new originations at the start of the pandemic are stepping back into action, albeit with
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The lawsuit by the lenders called the reorganization a “corporate shell game.”
(Bloomberg) -- Saks Fifth Avenue owner Hudson’s Bay denied allegations in a lawsuit that an internal restructuring amounted to a move to strip the company of its assets and
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Scotiabank is the first large Canadian lender to report second-quarter results.
(Bloomberg) -- Bank of Nova Scotia’s quarterly earnings plunged 41% after the lender set aside a record amount for loan losses, giving investors their first indication of
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AleksandarGeorgiev/iStock/Getty Images A surge in cold storage demand is expected to last. But exactly how it will play out is still an open question.
COVID-19 is impacting life in many
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Matthew Hatcher/Getty Images The Wall Street Journal looks at what it takes for businesses to operate during the pandemic. Bankruptcy filings are increasingly piling up, reports CNBC. These are among today’s must reads from around the commercial real estate
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