Sears/Macy’s closings could cause pain for CMBS – Scotsman Guide-#loan#workouts#opportunity

Last week, Sears and Macy’s announced 218 store closings collectively, the latest department store chains to pull out of regional malls. While these store closings could have a crippling effect on dozens of malls across

Source: Sears/Macy’s closings could cause pain for CMBS – Scotsman Guide

Why is this on our hard money blog? Loans coming due will be opportunity to buyers of notes and property. Our Hard money – bridge – private loans have helped in buying property and discounted notes.

There will  be opportunity to repurpose some these properties as tenants leave. Many are in strong locations- just need a new purpose, new loan and new tenant.

Bridge Loans and Workouts – Hard Money 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s