Real Estate Investment Trusts

The 5.6-million-sq.-ft. mega-mall was reappraised at $1.94 billion as its owners missed three monthly debt payments.

CBL & Associates initiated a restructuring support agreement with its noteholders as a step prior to its planned bankruptcy filing this fall, reports Chattanooga Times Free Press. The Carlyle Group is not allowing staff to work in offices if they have taken public transport, according to MarketWatch.

American Campus Communities Inc. is at the center of a debate about whether students may look for ways out of their leases.

The movie-and-a-dinner chain plans to reopen half of its locations over the weekend.

NREI’s latest research shows that a majority of industry participants expect affluent investors to increase allocations to commercial real estate over the next 12 months.

Amid talk of uncertainty about the future of offices, Amazon.com made a big bet on physical space, announcing it was expanding its footprint in six cities, reports the Wall Street Journal. Law360 provided a detailed breakdown of the issues in the midst of legal battle surrounding Simon’s bid to cancel its merger with Taubman. These are among today’s must reads from around the commercial real estate industry.

The independent living project would create a place for local residents to age in place.

In the case of the Times Square Edition, the pandemic exacerbated existing problems, including a market glut and troubles leasing its retail component.

Fewer apartment households paid their full or partial rent by August 13 compared to July 13, reports NMHC. Moody’s Analytics forecast U.S. office vacancy will reach a historic high in 2021. These are among today’s must reads from around the commercial real estate industry.

The firm has been active in the Dallas office market.