South FloridaMar 13, 2025More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure saleVenezuelan ex-banker Eligio Cedeño’s entity allegedly defaulted on two loans totaling $13M
New YorkMar 12, 2025The Daily Dirt: Final chapter in Eli Karp’s tale of woeBankruptcy auction on tap after building missed 421a by one unit
ChicagoMar 10, 2025Chicago plots next moves against Suzie Wilson, more negligent landownersAfter 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 YorkMar 3, 2025In NYC’s world of rent-regulated distress, Greg Corbin makes bankruptcy palatable to lendersWith foreclosure slow and credit bids low, he pitches the promise of courts’ fix-it powers
DallasFeb 28, 2025Dallas hotel that canceled “Daddyland” files for bankruptcyOwner made news in July for booting gay circuit party from premises
NationalFeb 25, 2025National chain Joann’s bankruptcy will leave 800 U.S. retail spaces vacantCrafts retailer’s assets auctioned off to GA Group last week
NationalFeb 12, 2025Dollar Tree corners market on Party City spacesRetailer successfully bid on 148 of bankrupt company’s leases
NationalFeb 10, 2025Billabong, Quiksilver stores closing all stores after bankruptcyLiberated blamed bankruptcy on inflation, interest rates, decline in demand
New YorkFeb 3, 2025Lenders 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 AntonioJan 31, 2025Conn’s collapse is a win for BurlingtonNew Jersey-based retailer taking over leases from defunct home appliances chain
Tri-StateJan 30, 2025New buyer lines up to purchase beleaguered LI retirement facility$80M agreement comes after previous deal collapsed
New YorkJan 28, 2025Former Bowery Savings Bank hitting auction blockJudge sets early February bid deadline
ChicagoJan 22, 2025Bidding 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 AngelesJan 11, 2025Man sues Common after rooming with alleged serial killer Renter claims bankrupt co-living company ignored pleas for help
New YorkJan 8, 2025Former “RHONY” castmate puts Hamptons mansion in bankruptcyFiling came days before a scheduled foreclosure auction
New YorkJan 3, 2025Avi, Bent Philipson’s latest nursing home drama: BankruptcyOwners may still close facility, displacing hundreds
NationalDec 27, 2024Gordon Brothers to buy bankrupt Big Lots for up to $495MDeal will facilitate transfer of stores and brand to Variety Wholesalers
New YorkDec 27, 2024Lawyers question Yoel Goldman’s “secret” deal with Brooklyn investorGoldman has pleaded the fifth as he faces scrutiny over side deals with friends
NationalDec 24, 2024Mitch Modell looks to buy Party City, Big LotsModell’s founder to submit term sheets this week
TexasDec 23, 2024Party City is the latest big-box retailer closing all storesWill leave millions of square feet vacant, including estimated 756,000 square feet across 63 stores in Texas