MBK Partners-owned Homeplus has filed for bankrupcy, an event that has produced aftershocks across the commercial real estate industry. This situaton may have grave consquences for real estate funds and REITs that have Homeplus underlying assets, and assets are currenly being actively traded. Many real estate asset managers are exposed to Homeplus, as well as other financial institutions, pension funds, and cooperatives, and individual investors. E-Land Construction is currently pursuing the acquisition of Homeplus Sinnae branch. The sales contract had been signed but the seller holds the right to cancel, which could impede deal closing. However, since the Homeplus Sinnae branch is it is being considered for acquisition […]