News and Events
Friedman's Jewelers retains RCS
RCS Real Estate Advisors to Serve as Exclusive Real Estate Consultants to Friedman's Jewelers.
May 8, 2008 Press Release
NEW YORK, NY, May 8, 2008 – New York, NY-based RCS Real Estate Advisors, the pre-eminent real estate advisory firm to the retail industry, has been retained by the debtor and appointed by the bankruptcy court to market the leases for Friedman's Jewelers. RCS Real Estate Advisors President and CEO Ivan L. Friedman made the announcement.
Forced to file for protection under the US bankruptcy laws, Friedman's Jewelers must liquidate their entire asset portfolio by closing all 367 of its retail locations. RCS Real Estate Advisors has been selected to dispose of these locations through sale and assignment in order to maximize the value of the bankruptcy estate.