Ascena Retail Group Brands Tied to $1.7B in CMBS Loans
During its third-quarter 2017 earnings call on June 8, Ascena Retail Group announced it would undertake a fleet optimization program encompassing about 667 stores....
Today’s CRE Scoops – December 6, 2019
WeWork's woes aside, the coworking industry will continue to gain traction as tenants push for more flexibility in their use of office space... but...
Louisiana Net-Lease Asset Sells for $1.08M
A newly constructed single tenant Dollar General store has just sold in Leesville, Louisiana, for $1.08 million. Chicago-based The Boulder Group, an industry leader...
Today’s CRE Scoops – December 9, 2019
Fashion rental company Le Tote has three years to turn around struggling department store brand Lord & Taylor, according to reports. Le Tote's roughly...
Today’s CRE Scoops – December 13, 2019
Amazon has opted to lease the vast majority of its massive U.S. warehouse footprint, which has crowned it the largest tenant for this type...
Rebooting America’s Malls
WALNUT CREEK, CA—Let’s talk broad brushstrokes. Those millennials who aren’t living over their parents’ garage often opt for apartments near to where they work....
Nordstrom Stock Still Up Following Announcement Retailer May Go Private
Almost a week following Nordstrom's announcement that family members may take the company private, the per-share stock price for Nordstrom Inc. (JWM) remains elevated.Financial...
CRE Retail Lenders Right-size in 2017
Stories about the retail downturn are everywhere. More than 3,000 stores have declared bankruptcy in 2017, and the year isn’t even half over. There’s...
Today’s CRE Scoops – December 12, 2019
Next year, the commercial real estate industry is watching for spillover effects from five major political issues, Real Estate Roundtable CEO Jeff DeBoer and...
Retail and Distribution To Find Common Ground
NEW YORK CITY—It could give the phrase “mixed use” new meaning. Fitch Ratings sees a convergence of industrial distribution and retail real estate in...