The discount retail chain 99 Cents Only Store LLC is considering a bankruptcy filing. According to a Bloomberg report, the company has been unable to offload assets and is weighing either bankruptcy, debt restructuring or an out-of-court agreement. The company is in...
A federal bankruptcy court in West Virginia has scheduled a hearing for the possible sale of a defunct university’s campus. The Associated Press reported a court-appointed trustee filed a motion to sell the land and assets once belonging to Alderson Broaddus...
An Austrian real estate company that owns a stake in New York City’s Chrysler Building may have to sell its holding in the iconic skyscraper as part of a bankruptcy restructuring. The Wall Street Journal reported an Austrian court-appointed insolvency administrator of...
PREIT (OTCQB:PRET), a Philadelphia-headquartered operator of shopping centers in the mid-Atlantic region, has filed for Chapter 11 bankruptcy for the second time in three years. The company announced it is carrying approximately $880 million in total indebtedness and...
A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corp. (OTC:RADCQ), announced plans to market for sale an additional tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey....
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
