The outdoor apparel chain Eddie Bauer is in line to become the next retailer to shut down its stores. According to combined media reports, Catalyst Brands, which operates the Eddie Bauer retail chain, is preparing to file for Chapter 11 bankruptcy. However, while some...
The Walt Disney Company (NYSE: DIS) announced that Josh D’Amaro will become CEO on March 18, succeeding Bob Iger. D’Amaro, who is also joining the board of directors, has served as chairman of the Disney Experiences segment since 2020, where he oversees 12 theme parks...
The delinquency rate for commercial mortgage-backed securities (CMBS) increased from 7.30% in December to January by 17 basis points to 7.47%, according to new data from Trepp Inc. One year ago, the overall CMBS delinquency rate was 6.56%. “The increase was driven by...
The Tampa Bay Rays agreed to cover at least half of the cost for the proposed stadium to be constructed on the site of Hillsborough College’s Dale Mabry campus. The team’s offer is part of a document titled “Update on Tampa Bay Rays Ballpark Discussions” that was...
Chicago-based Metropolitan Capital Bank & Trust was closed on Jan. 30 by the Illinois Department of Financial and Professional Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This marks the first bank failure of 2026. The...
The artificial intelligence company Anthropic has signed a lease to become the single tenant for an entire San Francisco skyscraper. The San Francisco Chronicle reports the company will occupy the entirety of 300 Howard Street in the city’s Financial District. The...
Hits and Misses for the Real Estate Week of June 22-26
