Here's what we are reading this morning:
Equinox Hit With $1M in Lawsuits for Unpaid Rent at NYC Locations – Commercial Observer
Puerto Rico to Slash Bond Debt in New Restructuring Pact - Bloomberg
Lender Takes Control of Southland Mall in Cutler Bay
Hotel Sellers Use Car-Sales Model to Finance Lodging Deals - WSJ
As Buildings’ Life Spans Shrink, Developers Try to Adjust - The New York Times
Ian Fredericks joins the Hilco Global Smarter Perspectives Podcast Series to share some timely and relevant COVID period insights from the Hilco Retail Group
Brooklyn Real Estate Empire Shows Strain With Rental Bankruptcy - Bloomberg
Macy's mostly sticks to 'Polaris' turnaround after brutal pandemic year | Retail Dive
Evanston’s Downtown Movie Theater Will Not Reopen - Evanston RoundTable
Fed's Powell: Recovery incomplete, high inflation unlikely
Assumption and Rejection of Midstream Agreements in Bankruptcy | Morgan Lewis
Macerich near lows after report of hiring adviser on debt | Seeking Alpha
Mall Owner Macerich Taps PJT Partners to Help Wrangle Debt - Bloomberg
Kushner Family’s Times Square Property Moves Toward Foreclosure - Bloomberg
Thomson Reuters to stress AI, machine learning in a post-pandemic world | Reuters
GameStop CFO resigns a month after the Reddit trading frenzy - CNN
Department Store Chain Belk Seeks Chapter 11 for Speedy Restructuring - WSJ
Fry’s Electronics permanently closes nationwide | KRON4