(Bloomberg)—As Sears Holdings goes through bankruptcy, retail landlords wondering how they could be impacted might want to look at a 2015 deal. Mall owner Macerich struck an agreement that year with ...
The parent company of Sears plans to sell its headquarters in Hoffman Estates, the department store chain’s home for nearly three decades. Sears’ parent company, Transformco, has told Hoffman Estates ...
“The closings are going to have a meaningful impact on CMBS deals with significant exposure to Sears and Kmart, as an economic impairment to these securities will be felt should these underlying loans ...