A judge granted ESL until 4 p.m. today to come up with a $120 million deposit and Sears will allow Lampert to take part in a bankruptcy auction scheduled for Monday.
The Wall Street Journal reports on a case of EB-5 fraud surrounding a mixed-use development in Houston, Texas. WeWork has re-branded as The We Company and expects a $2 billion new investment from SoftBank, reports CNBC. These are among today’s must reads from around the commercial real estate industry.
