Al Urbanski
ARTICLES BY THIS AUTHOR
- 8/26/2020
American Dream muni bonds drop sharply due to COVID-19
When Triple Five reported in July that it had lost some tenants, the price of about $1 billion worth of municipal bonds funding the company’s American Dream mall in New Jersey fell to about 87 cents on the dollar. - 8/25/2020
Store and retail center cleanups doubled in July
One would assume that Alaska, huge as it is, with not so many people and all that white snow, would be one of the cleanest places in the land. But one would apparently be wrong. - 8/25/2020
Exclusive Q&A: CEO Stephen Lebovitz on CBL’s Chapter 11 restructuring
Most people who know Stephen Lebovitz, CBL Properties’ chief executive, were sure he wouldn’t surrender without a fight the company founded in 1978 by his father Charles B. Lebovitz. - 8/24/2020
So long, dressing rooms! Brookfield launches contactless auto-fit service
Lining up with armfuls of hangered clothing in backrooms of stores could soon be a thing of the past. - 8/24/2020
Retail bankruptcies subside, but will return with a vengeance in Q1 2021
Retailers whose businesses have been devastated by the pandemic but who have enough cash on hand to remain in operation through the holidays will do so. - 8/23/2020
Slate Retail REIT changes its name
- 8/20/2020
Web strategist: Walmart is far ahead of Amazon in the last mile
Not too many years ago, Walmart’s e-commerce operations were largely overshadowed by Amazon. - 8/19/2020
The shopping center site of ‘The 40-Year-Old Virgin” gets a re-make
When Blackstone acquired Encino Courtyard as part of a larger industrial portfolio in 2016, the Southern California shopping center appeared a little fuzzy around the edges. - 8/19/2020
A&G exec: Retailers seek fulfillment space after ramping up e-commerce efforts
COVID-19’s historical mark on the retail industry will be how it energized the move of brick-and-mortar brands into full-blown e-commerce efforts. - 8/18/2020
Mall of America misses another mortgage payment, enters forbearance agreement
After having missed three mortgage payments, Mall of America’s collateral value has slipped from $2.3 billion to $1.9 billion. - 8/18/2020
CBL initiates Chapter 11 restructuring and plans to 'continue as normal'
CBL Properties will file for Chapter 11 bankruptcy protection in concert with a pre-made restructuring agreement with its lenders that will keep all of its 108 properties open and operating.
