South Florida
Mar 13, 2025
More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure sale
Venezuelan ex-banker Eligio Cedeño’s entity allegedly defaulted on two loans totaling $13M
Bankruptcy
New York
Mar 12, 2025
The Daily Dirt: Final chapter in Eli Karp’s tale of woe
Bankruptcy auction on tap after building missed 421a by one unit
Chicago
Mar 10, 2025
Chicago plots next moves against Suzie Wilson, more negligent landowners
After bringing down an infamous landowner, officials may ban her from investing in local real estate as they target two more firms that owe the city $9M in fines
New York
Mar 3, 2025
In NYC’s world of rent-regulated distress, Greg Corbin makes bankruptcy palatable to lenders
With foreclosure slow and credit bids low, he pitches the promise of courts’ fix-it powers
Dallas
Feb 28, 2025
Dallas hotel that canceled “Daddyland” files for bankruptcy
Owner made news in July for booting gay circuit party from premises
National
Feb 25, 2025
National chain Joann’s bankruptcy will leave 800 U.S. retail spaces vacant
Crafts retailer’s assets auctioned off to GA Group last week
National
Feb 12, 2025
Dollar Tree corners market on Party City spaces
Retailer successfully bid on 148 of bankrupt company’s leases
National
Feb 10, 2025
Billabong, Quiksilver stores closing all stores after bankruptcy
Liberated blamed bankruptcy on inflation, interest rates, decline in demand
New York
Feb 3, 2025
Lenders and borrowers tussle over personal guarantees on distressed deals
At contract signings, the guarantee is a gambit. On delinquent loans, it might be the only thing left of value.
San Antonio
Jan 31, 2025
Conn’s collapse is a win for Burlington
New Jersey-based retailer taking over leases from defunct home appliances chain
Tri-State
Jan 30, 2025
New buyer lines up to purchase beleaguered LI retirement facility
$80M agreement comes after previous deal collapsed
New York
Jan 28, 2025
Former Bowery Savings Bank hitting auction block
Judge sets early February bid deadline
Chicago
Jan 22, 2025
Bidding opens on over 800 properties that infamous Chicago landlord must sell
Bankruptcy listing marks city’s largest mass sale of land since the Great Chicago Fire over 150 years ago
Los Angeles
Jan 11, 2025
Man sues Common after rooming with alleged serial killer
Renter claims bankrupt co-living company ignored pleas for help
New York
Jan 8, 2025
Former “RHONY” castmate puts Hamptons mansion in bankruptcy
Filing came days before a scheduled foreclosure auction
New York
Jan 3, 2025
Avi, Bent Philipson’s latest nursing home drama: Bankruptcy
Owners may still close facility, displacing hundreds
National
Dec 27, 2024
Gordon Brothers to buy bankrupt Big Lots for up to $495M
Deal will facilitate transfer of stores and brand to Variety Wholesalers
New York
Dec 27, 2024
Lawyers question Yoel Goldman’s “secret” deal with Brooklyn investor
Goldman has pleaded the fifth as he faces scrutiny over side deals with friends
National
Dec 24, 2024
Mitch Modell looks to buy Party City, Big Lots
Modell’s founder to submit term sheets this week
Texas
Dec 23, 2024
Party City is the latest big-box retailer closing all stores
Will leave millions of square feet vacant, including estimated 756,000 square feet across 63 stores in Texas