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JCPenney Lands Buyer For Headquarters Sale

PYMNTS

for $450 million, and the retailer already has a buyer solidified for the sale. According to a press release , the capital markets team from commercial real estate services firm Avison Young is advising a Dallas investor in the acquisition and repositioning of the headquarters. Capital Markets for Avison Young.

Dallas 100
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. First Capital Bank. TriState Capital Bank. So that’s where the capital to start New Haven Bank came from.”. Springfield. PrimeSouth Bank. Blackshear. American State Bank.