National
Converting empty malls to warehouses isn’t easy
As demand for e-commerce grew and large tenants like Sears closed up shop, some mall owners sought to redevelop...
malls
The Latest
National Insights
These are the biggest malls landlords ready to hand over to CMBS lenders
As shopping centers across the country continue to struggle with a new surge in infections and lockdowns, the expiry...
National
Retailers now owe $52B in back rent
Brick-and-mortar stores were struggling before the pandemic. But now, the retail sector owes $52 billion in back rent. An analysis of data from CoStar found that retailers nationwide had missed two to four months’...
National
Unibail-Rodamco-Westfield says its real estate is worth 11% less than last year
Unibail-Rodamco-Westfield saw U.S. rental income tumble 39 percent year-over-year in the third quarter, the company disclosed Sunday. The retail...
Starwood loses control of another mall in default
Starwood Retail Partners is giving up on one of its suburban Chicago malls, handing over the keys to its...
Archive
Facing foreclosure, GW Properties hands over Orland Park shopping center
After skipping loan payments and now facing a multimillion-dollar lender foreclosure lawsuit, the owners of a 164,000-square-foot shopping center...
National
Class B malls face collapse as retail bankruptcies pile up
Second-tier malls are at increasing risk of collapse as retail bankruptcies and store closures add up across the country....
National
Mall of America, behind on mortgage, fights foreclosure
The country’s biggest shopping mall is trying to stave off foreclosure after falling months behind on its $1.4 billion...
Weekend Edition
Blackstone and Brookfield are going mall shopping in India
Blackstone Group and Brookfield are shopping for retail opportunities overseas. The two real estate giants are among investors competing...
New York
Simon’s rent collection inches up in Q2 while profits plummet
Across Simon Property’s portfolio of more than 200 U.S. malls, the company lost a combined 10,500 shopping days from...
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