Delinquencies on commercial and multifamily mortgages are now at their highest point since the 2001 recession, according to the Mortgage Bankers Association's quarterly survey. Below is a paragraph from the MBA's release as well as the 10-page...
Oilily USA, which owes money to over 200 creditors, cited assets between $1 million and $10 million, along with debts of more than $10 million. After closing eight retail locations over the last few months, Oilily is attempting to renegotiate its...
Bloomberg interviews Sam Zell in a very long segment. He starts talking about the residential sector and says he thinks "its slowly working its way through the morass" and about to get better. In briefly talking about commercial real estate, Zell...
Levi Strauss & Co. will acquire the operating rights to 73 locations that were licensed to privately held Anchor Blue Retail Group Inc., which concurrently announced it is filing for Chapter 11 bankruptcy protection. If the acquisition is...
