Discount retailer Payless ShoeSource is considering closing at least one-third of its approximately 3,000 stores in an effort to avoid a second bankruptcy, according to CNBC. Payless exited bankruptcy in 2017, slashing its debt from over $800 million to about … Continue reading →
Located at 720 South Hill Street in LA’s Jewelry District, the seven-story, 105-year-old, 67,000sf Greet Street Building will house tenants dedicated to the cannabis industry. Tenants include a branding and business development consultancy with clients that are in the cannabis … Continue reading →
Because the intellectual property of retailer Toys “R” Us served as collateral on their loans, a group of funds that financed the lenders during the bankruptcy now control rights to the Toys “R” Us and Babies “R” Us brands. According … Continue reading →
Courtroom 478 is where Philadelphia prosecutors conducted civil forfeiture proceedings. Civil forfeiture occurs when the government seizes property under suspicion of its involvement in illegal activity. Unlike criminal forfeiture, which is an in personam proceeding (against the owner of the … Continue reading →
More new apartment units are under construction in Miami as a percentage of the existing inventory than in any other city in the U.S. The 18,000 new units that are either planned or under construction amount to 10.8 percent of … Continue reading →
Twelve percent of homes listed for $10 million or more saw a price drop in 2018 — double the levels of 2015 and 2016, according to
Continue reading →In 2017, the U.S. exported 1.98 million passenger cars and light trucks which accounted for $57.04 billion of U.S. international trade, according to
Continue reading →Starbucks plans to close about 150 company-operated stores next fiscal year. This is three times the number it typically closes annually, according to Bloomberg. Most of the closures will be in major metropolitan areas where regulatory requirements are hampering profitability. … Continue reading →
Wealth measures the value of all the assets of worth owned by a person or family. It is the market value of all physical and intangible assets owned minus all debts. Housing equity typically accounts for the majority of household … Continue reading →
Industrial assets in LA typically sell for $140/sf to $200/sf, according to RE Business Online (citing Why all the buzz and excitement? Well, you have not to look any further as you can get it up, or whether you can … Continue reading →