Bloomberg – By Natalie Wong, Jack Sidders, and John GittelsohnMarch 20, 2020, 10:20 AM MDT Updated on March 20, 2020, 1:35 PM MDT A freeze is settling on commercial property markets. Buildings that bustled with diners, drinkers and shoppers just weeks ago have gone quiet.
Sharp rent increases and rising costs for a diminishing pool of labor have restaurateurs along Pearl Street scrambling to evolve and remain profitable. The news that The Cheesecake Factory will be leaving its Pearl Street location at the end of
Two huge real-estate investors based in China are strapped for cash, and that could mean trouble for some commercial property valuations in the US. Chinese regulators started buckling down on Anbang Insurance (AI) and HNA Group (HNA) last year, and now