Controversial Austin developer Nate Paul sells self storage portfolio for $588M
UPDATED March 23, 2022, 7:40 p.m.: Embattled Austin real estate magnate Nate Paul’s World Class Holdings sold off its bankrupt...
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What 3 big mall bankruptcies say about the state of retail
In “Mallrats” — the quintessential movie about ’90s mall culture — a character is driven mad trying to find...
Washington Prime Group back from bankruptcy; CEO out
Just a few months after filing for Chapter 11, mall operator Washington Prime Group has emerged from bankruptcy. When...
Fifty former Sears stores go to market
The owner of the defunct Sears franchise is looking to unload a chunk of properties. Andrea Olshan, chief executive officer of the real estate investment trust Seritage Growth Properties that bankrupt Sears formed five...
Washington Prime Group files for Chapter 11 bankruptcy
In November, with mall owners getting crushed, Washington Prime Group CEO Lou Conforti said that bankruptcy was off the...
Katerra employees fire back with lawsuit over abrupt closure
Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs...
Katerra files for bankruptcy
Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...
Struggling hotel company handing Brookfield the keys
Out of options, a struggling hospitality trust is handing over its control to Brookfield Asset Management through the bankruptcy...
AMC reopens 90% of U.S. theaters
The show is going on for AMC. The international movie theater chain has reopened nearly 90 percent of its U.S. cinemas. AMC Entertainment Holdings said Wednesday that 527 out of 589 domestic theaters have...
Mall owner Washington Prime Group prepares for bankruptcy
A major mall owner is preparing for bankruptcy after it failed to make an interest payment on its debt....
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