Real Estate Industry Crash Burns Grubb & Ellis, Files Chapter 11 Bankruptcy
Real estate brokerage Grubb & Ellis Co. recently filed for bankruptcy, reports the LA Times, and will sell its assets to the parent company of its rival, Newmark Knight Frank, as part of a prepackaged bankruptcy, according to the firms. BGC Partners Inc., a New York financial services firm that acquired Newmark Knight Frank in [...]...
Published By: Senior Housing News - Wednesday, 22 February