by Phil Hall | Dec 12, 2023 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive
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...
by Phil Hall | Nov 8, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
Mel Sembler, a real estate developer who represented the U.S. in two high-profile diplomatic positions, passed away on Oct. 31 at his home in St. Petersburg, Florida. He was 93 years old and the cause of death was attributed to lung cancer. Melvin Floyd Sembler was...
RMR Posts $12.4 Million Quarterly Loss as Managed Real Estate Assets Fall t…
