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Forever 21s New Owners in Talks to Keep Most U.S. Stores Open

2020-02-19 18:57:00| National Real Estate Investor

Simon, Brookfield and Authentic Brands plan to keep most of the chains U.S. stores open post-bankruptcy.

Tags: us open stores owners

 

Judge to Approve Forever 21 Sale That Ends Founders Control

2020-02-12 18:48:00| National Real Estate Investor

The new owners have agreed to pay $81 million in cash and assume certain liabilities, including $53 million in merchandise not yet paid for.

Tags: control sale ends forever

 
 

Is Simon and Brookfields Forever 21 Buy a Smart Play or a Hail Mary Pass?

2020-02-03 20:55:00| National Real Estate Investor

Regional mall REITs have some experience in saving ailing retailers. But Forever 21 comes with added pressures.

Tags: or buy play pass

 

Forever 21 Has $81 Million Bid from Simon, Brookfield, Authentic

2020-02-03 17:02:00| National Real Estate Investor

Two of the chains biggest landlords have offered to buy it out for a fraction of what it was once worth.

Tags: million bid simon forever

 

Forever 21 "reaches deal" to sell off substantial assets

2020-02-03 13:03:00| Daily apparel & textile news and comment - from just-style.com

US teen fashion retailer Forever 21 is understood to have reached a deal to sell off its assets for US$81m, four months after filing for bankruptcy.

Tags: sell deal assets substantial

 

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