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Lenders Get Stuck with Busted Eateries After Bidders Get Scarce

2020-10-08 15:36:00| National Real Estate Investor

California Pizza Kitchen Inc. had to cancel an auction to sell itself this week after no buyers bid for the company.

Tags: get stuck lenders bidders

 

LA Fitness Seeks Debt Deal with Lenders to Weather Shut Gyms

2020-09-22 20:57:00| National Real Estate Investor

The fitness chain, which is already operating on a forbearance agreement, is seeking a deal with lenders to shore up liquidity.

Tags: fitness deal weather debt

 
 

Mortgage deals plummet as lenders play safe

2020-09-03 01:00:56| BBC News | Business | UK Edition

First-time buyers unable to offer a large deposit could find their options squeezed, figures show.

Tags: play safe deals mortgage

 

J.C. Penney Lenders Plan Takeover After Sales Talks Hit Impasse

2020-08-31 20:54:00| National Real Estate Investor

The company plans to continue exploring outside bids, but its advisers will now work with lenders to negotiate a debt-for-equity swap.

Tags: plan sales hit talks

 

NYC Hotels New Life Shows Lenders Bracing for Mounting Losses

2020-08-18 17:49:00| National Real Estate Investor

In the case of the Times Square Edition, the pandemic exacerbated existing problems, including a market glut and troubles leasing its retail component.

Tags: life shows hotels losses

 

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