Many regional lenders began to break out their exposure to retailers and the underlying real estate that supports it after investors and analysts voiced concerns about credit quality.
The previously unreported business relationship illustrates how little is known about the financial relations of Kushner Cos. at a time when Jared Kushner has been given immense political power.
In a little over three months, 14 chains have announced they will seek court protection, according to an analysis by S&P Global Market Intelligence, almost surpassing all of 2016.
With customer traffic sagging, U.S. retail landlords are using their sprawling concrete lots to host events such as carnivals, concerts and food-truck festivals.
At 666 Fifth Ave., losses totaled $14.5 million after accounting for loan payments, from about $10 million in 2015, figures filed by LNR Partners show.
The unsettling truth is that Trump’s decisions on Fed nominations -- among the most important domestic policy moves he’ll make as president -- will not follow the usual presidential script.
The Texas Republican’s new bill would give banks relief from annual stress tests that assess whether they can survive financial meltdowns and would strip the Consumer Financial Protection Bureau of key powers.
Under the so-called domestic emoluments clause, the president is prohibited from receiving any compensation from federal or state governments other than his $400,000 salary.
Gymboree, laboring under more than $1 billion in debt from its Bain buyout in 2010, warned last month that it’s running short on cash and may not survive if it can’t persuade creditors to refinance its debt.
