National Medical Short seller, Hindenburg Research, accuses skilled nursing facility operator worth almost $7B, PACS Group, of ‘Scamming Taxpayers’ 11/5/2024 | Bisnow Subcategory: Medical: Assisted Living, MF: Senior Tags: Business: Insights | Earnings | Legal-Lawsuit Read More
Minnesota Office New York-based Opal Holding’s Normandale Lake Office Park’s 8500 Tower scheduled for foreclosure sale 10/25/2024 | Minneapolis-St. Paul Business Journal Subcategory: Office: CBD Tags: Auction | Default | Foreclosure | Legal-Lawsuit Read More
Illinois Multifamily Distress hits CRG’s highrise, 149-unit, Upshore Chapter, in Uptown Chicago amid urban multifamily slump 10/23/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
National Retail TGI Fridays latest restaurant chain to prep for Chapter 11 bankruptcy, reports say 10/22/2024 | Houston Business Journal Subcategory: Retail: Restaurant Tags: Bankruptcy | Legal-Lawsuit | Proposed | Strategy Read More
Illinois Capital Markets ‘Growing Less Patient,’ Bank OZK Takes Write-Down On $128M Loan To Sterling Bay After 6 Modifications to Lincoln Yards loan 10/21/2024 | Bisnow Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Legal-Lawsuit | Strategy Read More
Texas Retail Burlington Takes Over 10 Texas Conn’s Locations 10/21/2024 | Connect CRE Subcategory: Retail: Shopping Tags: Expansion | Foreclosure | Lease | Legal-Lawsuit Read More
National Retail Walgreens to close 1,200 stores over the next three years 10/16/2024 | Bisnow Subcategory: Retail: Shopping, Retail: Specialty Tags: Closing | Default | Earnings | Legal-Lawsuit | Strategy Read More
National Retail Wholesaler True Value in Bankruptcy to Sell Itself to Rival; Do it Best Corp is the stalking horse bidder, offered $153 million, True Value has ‘faced significant liquidity challenges’ 10/15/2024 | Bloomberg Subcategory: Retail: Shopping Tags: Default | Legal-Lawsuit | Proposed | Sale Read More
Maryland Office Bank reportedly forecloses on Chasen’s office conversion in Baltimore; The developer planned to turn the historic One Calvert Plaza into 173 apartments 10/15/2024 | Multifamily Dive Subcategory: Office: CBD Tags: Conversion | Default | Foreclosure | Legal-Lawsuit | Proposed Read More
Illinois Multifamily TPG Angelo Gordon surrenders Gold Coast apartments in $130M deed-in-lieu; Lender ACORE’s takeaway marks one of the biggest of the year for Chicago multifamily 10/15/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
New York Office Worldwide Plaza’s $940M Loan Hits Special Servicing After RXR, SL Green JV Misses Debt Payment 10/14/2024 | Bisnow Subcategory: Capital Markets: Debt, Office: CBD Tags: Default | Foreclosure | JV-Partnership | Legal-Lawsuit Read More
National Multifamily Investors Sue CA Ventures, Allege Execs Defrauded Them 10/14/2024 | Bisnow Subcategory: MF: Market Rate, MF: Student Tags: Legal-Lawsuit Read More
National Capital Markets Mortgage Broker Meridian Will Be Freed From Freddie Mac Ban 10/9/2024 | Bloomberg Subcategory: Capital Markets: Debt Tags: Business: Insights | Legal-Lawsuit | Opening | Strategy Read More
Ohio Mixed-Use Olshan Properties Lands $106M for 1.1M SF Mixed-Use Complex in Dayton, OH 10/7/2024 | CPE Subcategory: Capital Markets: Debt, Mixed-Use: Retail-MF-Office, Retail: Shopping Tags: Closing | Default | Legal-Lawsuit | Operations Read More
National Retail Stalking horse bidder emerges for Conn’s Inc., sets minimum price; A separate auction for Conn’s real estate will be held later 10/7/2024 | Houston Business Journal Subcategory: Retail: Shopping Tags: Auction | Default | Foreclosure | Legal-Lawsuit | Proposed | Sale Read More
Illinois Multifamily Related Midwest faces $175M foreclosure on Lake Shore apartment tower; MassMutual refinanced 47-story property in 2014 and sued after granting forbearance Related and its partner, an arm of the AFL-CIO 10/4/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
National Multifamily Tides’ turnaround strategy: total transparency; The embattled syndicator needs to resell itself to lenders and investors. Can it do so by copping to its mistakes? 10/4/2024 | The Real Deal Subcategory: Capital Markets: Debt, MF: Market Rate Tags: Business: Insights | Default | Foreclosure | Legal-Lawsuit | Q&A | Strategy Read More
National Capital Markets Strategic Value Partners’ (SVP) Khosla Warns There’s a ‘Tsunami’ Coming for US Offices; says firm has only done one deal out of 100 they considered. Debt maturities are causing trouble for the sector 10/3/2024 | Bloomberg Subcategory: Capital Markets: Debt, Office: CBD, Office: Suburban, Office: Urban Tags: Default | Legal-Lawsuit | Q&A Read More
Illinois Multifamily City Club’s Holtzman hit with $69M East Loop multifamily foreclosure; Prime Finance sued to take over 190-unit apartment building 10/3/2024 | The Real Deal Subcategory: MF: Market Rate Tags: Default | Foreclosure | Legal-Lawsuit Read More
National Multifamily Invitation Homes Agrees To $48M Settlement For FTC Complaint Over Junk Fees, Poor Maintenance 9/24/2024 | Bisnow Subcategory: MF: BTR, MF: Market Rate Tags: Earnings | Legal-Lawsuit Read More
