⚡️Update: Forever21 Inc.⚡️

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Forever21 Inc. is forever filing motions to reject sh*t. On Friday, the company followed up its Store Closing Motion (which, itself, had two supplements) with its fourth rejection motion of non-residential real property leases. By our count, somewhere between 100-150 different lease (or sublease, as the case may be…looking at you Belk Inc.) counterparties have been affected now by the bankruptcy. That’s a lot of landlords and lessors looking for tenants and subtenants, respectively.

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Who is bearing the brunt of this? By our count (in approximate numbers):

TO SEE OUR PREMIUM INSIGHTS ON WHICH MALL REITS ARE GETTING SH*T ON BY FOREVER21 & MORE, CLICK HERE TO SUBSCRIBE (ISN’T TIME YOU GOT AHEAD? DISRUPT YOUR COMPETITION WITH PETITION!)