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Friday, December 4, 2020
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Sarah Mulholland

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RETAILERS HAVE BEEN deducting returns for items bought online from their sales figures, affecting retail landlord's revenue. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Mall owners and retailers clash over avalanche of online returns

NEW YORK - Mall owners, already squeezed by e-commerce and spending billions on property makeovers to draw shoppers, have a new headache: retailers deducting...

Landlords face slowing price gains after U.S. records shattered

NEW YORK - For commercial real estate investors, the good times may be over. The Federal Reserve’s first interest-rate increase in nine years has removed...
A $43.5 million mortgage on One Citizens Plaza, a 224,089 square-foot office building that houses the headquarters of Citizens Financial Group in Providence also ran into trouble this month before its Jan. 11 maturity date, according to Fitch. / COURTESY LOODOG/WIKIPEDIA

One Citizens Plaza mortgage in trouble

PROVIDENCE - A $43.5 million mortgage on One Citizens Plaza, a 224,089 square-foot office building that houses the headquarters of Citizens Financial Group in...
THE CHICAGO-BASED OWNER of Providence Place is refinancing its $5 billion mortgage debt. /

General Growth secures $375 million loan on Providence Place

PROVIDENCE – The owner of Providence Place received a $375 million loan on the mall as part of a plan to refinance $5 billion...

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