Steve Jellinek

The recent troubles of the American Dream mall in New Jersey — including an annual loss of nearly $60 million — highlighted the challenges that malls face.
Retail · Leases
National

These 5 Malls Have Seen the Sharpest Drops in Appraised Value

By David Nusbaum
One of the Macy’s closures is at the Muncie Mall, located at 3501 North Granville Avenue in Muncie, Indiana.
Finance
National

Macy’s to Close 29 Stores

By Greg Cornfield
A man in Longs, S.C. helps remove valuables from a friend's house amidst flooding from Hurricane Florence.
Finance
North Carolina

Florence’s Bark Worse Than Bite for CMBS Loans: Analysts

By Matt Grossman
Steve Jellinek
Retail · Finance
National

Traditional Grocery Stores Can Benefit From Growing E-Commerce

By Steve Jellinek
All hail!
Retail · Finance
National

Why Grocery-Anchored Retail Holds Just About the Only Appeal to Investors

By Adam Bonislawski
Pedestrians walk past a Bon-Ton store in Illinois.
Finance
National

Bon-Ton’s Bankruptcy Threatens $171M in CMBS, Worsens Troubled Malls’ Plight

By Matt Grossman
Steve Jellinek and Edward Dittmer.
Finance
Illinois

Chicago Office—Suburbs’ Losses Are Downtown’s Gains

By Edward Dittmer and Steve Jellinek
Pedestrians walk past a Bon-Ton store in Illinois.
Finance
National

Closing 40 Stores, Bon-Ton Sets Off CMBS Alarm Bells

By Matt Grossman
Morningstar Credit Ratings Headquarters at 4 World Trade Center.
Finance
National

CMBS Delinquencies Fall to 3 Percent in August

By Matt Grossman
A rendering of the entrance to 237 Park Avenue.
Features
New York City

Midtown Makeovers: Revamping Before Refi

By Cathy Cunningham
Lea Overby and Steve Jellinek.
Finance
National

CREFC 2017: Morningstar Analysts Talk Risk Retention, Retail and Coworking

By Danielle Balbi and Cathy Cunningham