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CommercialFinanceINDUSTRY news

Richmond’s Hilltop Mall Where JCPenney is Closing a Store is Projected to Lose $58.8MM of CMBS Loan

As JC Penney commences work on closing 138 stores across the country, estimates from Morningstar Credit Ratings, LLC have identified over $885 million...

CommercialFinanceINDUSTRY news

JCPenney Announces 138 Stores Closing, Hilltop Mall Store in Richmond On the List

In February of 2017, the national retailers JCPenney had announced that it would refocus its operations toward profitability and as a result close...

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