industrial real estate, which is being fueled by a boom in big data-center projects. They are doing so with tighter lending standards, while still working through some troubled loans stemming from continued distress in some office markets. https://t.co/AWvfrzjaYo 2/2
Just a few years ago, banks couldn’t get away from commercial real estate loans fast enough, fearing potential losses as office vacancy rates remained elevated after the pandemic. Now, they are wading back in with a focus on big growth areas like multifamily housing and 1/2
for the benefit of creditors under a chapter 11 plan. Roughly 460 franchisee-run locations will continue to operate in and outside of the U.S. https://t.co/xM3KkI4mr1. 2/2
Casual dining chain operator TGI Friday’s Inc. won approval of a bankruptcy wind-down plan, following sales of its corporate-owned restaurant locations, which will create a liquidating trust for creditor repayment. TGI Friday’s will liquidate what remains of its estate 1/2
Bankrupt Dish Wireless LLC is attempting to halt more than 200 lawsuits brought by network infrastructure providers following the collapse of its 5G build-out plan. The company, which along with affiliate Dish DBS Corp. filed a prepackaged chapter 11 proceeding in June, 1/2
Bankruptcies in the senior living and care sector, along with bankruptcies in clinics and physician practices, are leading all other healthcare areas in bankruptcies in the first half of the year. Senior living and care organizations 1/2
The company entered bankruptcy with estimated assets of between $1 million and $10 million while facing two judgments against it for $245 million and $157 million. https://t.co/lChljO1OX5 #landlords#retail 2/2
Subprime Lender CashCall Inc., a personal loan lender that targets consumers with poor credit, filed for bankruptcy in California after losing legal battles over its strategy of using its Native American tribe affiliation to offer high-interest loans. 1/2
that LIV Golf failed to pay its licensing fee of $820,600.00, $104,500 in usage fees this season and $209,531 in lost revenue for the remaining six events in 2026. https://t.co/yxMKFqh4iH 2/2
LIV Golf is being sued by the technology company that supplied LIV Golf's "Any Shot, Any Time," featured during its broadcasts, for more than $1 million for outstanding unpaid invoices and lost revenue. The lawsuit alleges 1/2
Sleep Country, the largest mattress retailer in Canada, will acquire U.S. mattress retailer Sleep Number for $702 million, including nearly $530 million in cash. The transaction is expected to close soon. https://t.co/OfVYnntwzR #landlords#retail
Nationally, that equates to foreclosures on just 0.16% of all homes which from a historical perspective remains well below the levels seen during the 2008 financial crisis. https://t.co/LLjcUqCmfr 2/2
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Foreclosure sales jumped 21% the first half of the year and Florida leads the nation. In the first six months of 2026, there were more than 227,000 U.S. properties with foreclosure filings, up 21% from the same period last year. 1/2
shows financial stress continuing to build as more Americans seek legal assistance for foreclosures, bankruptcies, and consumer finance issues. https://t.co/SiJctvL7nz
Strong retail sales are masking a widening K-Shaped economy as consumer stress appears to be mounting. Retail sales rose 0.2% in June, matching economists' expectations after May's revised 1.0%. It does appear that the latest Consumer Stress Legal Index
the most bankruptcies with a total of 50, followed by consumer discretionary companies (35) and healthcare (26). In the month of June alone, industrials and healthcare companies led the distressed sectors, filing at least seven filings. https://t.co/swYVtoHGfF 2/2
The total number of larger U.S. corporate bankruptcy petitions filed this year through June ticked up to 372, just above the 371 total in the year-earlier period, keeping it hovering at the highest level since 2010. In the first six months of the year, industrial companies 1/2
bankruptcy judge to share the value of what they received in 2020 with the nonparticipating lender group in cash. https://t.co/sSk8cPEX2w #landlords#retail 2/2
Serta Simmons Bedding’s debt restructuring in 2020 wound up backfiring on its participating investors. Lenders who participated in the 2020 debt transaction owe $400 million in damages and interest to fellow creditors who were left out. Deal participants were ordered by the 1/2