Charlotte Russe announced that it successfully completed an out-of-court restructuring, which reduced term loan debt from $214 million to $90 million, cut interest expense by approximately half, and extended the maturity date five years.
Drew Schaul, one of the leading retail real estate professionals in the Miami market, has returned to CBRE after a seven-year stint at Robert K. Futterman & Associates.
The nation’s largest retailer is reportedly in preliminary discussions to acquire Humana, the second-largest provider of Medicare Advantage plans, or private insurance plans offered through Medicare.
