Commercial Property Foreclosures Are Poised to Rise as Covid-19 Lingers

Surviving 2020

The coronavirus pandemic came at a bad time for the Burnsville Center mall near Minneapolis. In May, Macy’s Inc. said it would close its store. J.C. Penney Co., which also has a store at the mall, filed for bankruptcy. Owner CBL & Associates Properties Inc. risked losing the mall if it stopped making payments on… Continue reading Commercial Property Foreclosures Are Poised to Rise as Covid-19 Lingers