Hilco Real Estate, a provider of real estate optimization, repositioning and disposition services, hired Alan Shaw as executive vice president of the organization and co-CEO of its real estate asset management division.
Flexible workspace provider WeWork commenced a comprehensive reorganization to strengthen its capital structure and financial performance. As part of the reorganization plan, WeWork and certain of its entities filed for protection under Chapter 11 of the U.S. Bankruptcy Code.
Hilco Real Estate announced Sept. 14 as the qualifying bid deadline for the bankruptcy sale of a previously operating skilled nursing facility in Springfield, MA.
Hilco Real Estate Finance, an institutionally-backed real estate bridge lender, launched to provide short-term property finance for the UK market. The group will be led by co-founders Brad Altberger as CEO and Max Lewis as chief investment officer.
Hilco Real Estate chose July 12 as the qualified bid deadline for the Chapter 11 bankruptcy sale of a turnkey ice-skating complex in Sherwood, OR.
Hilco Real Estate announced June 15 as the qualified bid deadline for the bankruptcy sale of an unfinished waterfront condominium development located minutes from downtown New Braunfels, TX.
Newmark Group agreed to provide debtor-in-possession financing totaling $20 million to Knotel and acquired the company’s assets through its recent Chapter 11 sales process.
CEC Entertainment, the owner/operator of Chuck E. Cheese and Peter Piper Pizza, entered into a plan support agreement with consenting creditors and received a commitment for $200 million in debtor-in-possession financing from certain of its first lien lenders.