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Attention Mall REIT Investors: $47.5 Billion Of Loans Are Set To Mature Over The Next 18 Months
Thursday, June 16, 2016 - 8:13am | 336The rise of e-commerce could very well result in the death of the malls. According to Bloomberg, the looming death of the shopping malls could come sooner, rather than later. The publication, citing data from Bank of America Merrill Lynch, stated that around $47.5 billion worth of loans backed by...
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Department Stores Need To Slash Hundreds Of Locations, Says Research Firm
Monday, April 25, 2016 - 9:14am | 350Green Street Advisors, a research gathering firm that focuses on real estate and REIT companies, believes department stores as a whole need to slash hundreds of sites to regain the productivity they enjoyed a decade ago. As noted by the Wall Street Journal, department stores would need to close...