Bankrupted JC Penney plans to spin properties into new real estate

A piece of J.C. Penney's proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust.
A piece of J.C. Penney's proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust.

Unsanitized: JCPenney Follows the Private Equity Model, Sinks Into Bankruptcy - The American Prospect

Owner of JCPenney makes an offer for Kohl's - The Boston Globe

Bankrupt J.C. Penney gets a lifeline while another department store files

JC Penney lenders consider teaming up with outside bidders, Consumer & Healthcare - THE BUSINESS TIMES

Gap, JCPenney, Victoria's Secret, Foot Locker: 465 store closures in 48 hours

J.C. Penney Landlords Nearing Deal to Buy Bankrupt Retailer - WSJ

J.C. Penney lenders, landlords sign deal to keep stores open - Los Angeles Times

JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business

J.C. Penney Plans to Spin Off Its Real Estate Holdings, Sight Unseen's Offsight Online Debuts, and More News This Week

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J.C. Penney Plans to Spin Off Its Real Estate Division into a REIT

32 Bankruptcy Filings Chalked Up to COVID-19

Thief River Falls looks for new retailer after J.C. Penney closes - Grand Forks Herald

J.C. Penney receives approval for plan to create separate PropCos

JCPenney spends over $1billion to make store changes after emerging from bankruptcy - as CEO says 'now is the time