There’s an odd dynamic that accompanies crises. While they may cause chaos and confusion, they also ultimately reveal themselves to be times of great opportunity. Such is the case with the ongoing, ever-shifting coronavirus pandemic, and its impact on property managers’ sustainability efforts.
U.S. retail bankruptcies and store closures have set a record in the first half of the year, reports the Wall Street Journal. CBL Properties reached an agreement with some of its note holders that will delay its bankruptcy filing until October 15, according to TheChatanoogan.com . These are among today’s must reads from around the commercial real estate industry.