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SunCal Capital Partner Takes Hit on Toy Retailer Bankruptcy

Several sources are reporting that SunCal’s capital partner (i.e. the ones with the money) DE Shaw had significant exposure to online baby products and toy retailer The Parent Company who has filed for Chapter 11 bankruptcy protection. No word yet if this affects DE Shaw’s ability to continue to finance SunCal through the Exclusive Negotiating Agreement period with the City of Alameda for the redevelopment of Alameda Point.

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  • August Survey Shows Rents Declining Year-Over-Year https://t.co/fLFBPYjYU3 ,

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