Bethesda, Maryland-based Elme Communities (NYSE: ELME) provided an update regarding its ongoing liquidation activities that were first announced last summer. The company said that it completed the sale of five of its remaining properties this year, a quartet of...
A Hong Kong court has ordered the liquidation of the property giant China Evergrande Group, whose $300 billion in liabilities makes it the world’s most indebted developer. According to a Reuters report, Justice Linda Chan’s ruling came after the company failed to...