Looking for Trouble
Commercial real estate brokerages are capitalizing on the one commodity that's in high supply: distress...
Private Equity Players: Distressed Asset Deals Start Making Sense
The commercial real estate market has reached a point at which acquisitions of distressed assets are beginning to make sense, according to participants at the second Real Estate Private Equity Summit, which took place in New York this week. ...
Linens ’n Things Makes a Comeback After a Painful Liquidation
Linens ’n Things retail stores disappeared from shopping centers coast-to-coast after the chain went bankrupt and liquidated its stock, but the familiar brand is about to be revived after a joint venture bought the name for $1 million....
Car Dealership Closures Accelerate
While General Motors and Chrysler Corp. remain on financial life support and demand for cars and trucks wanes...
Shopping Center REIT Lives To Fight Another Day
Property owners with near-term debt maturities are being forced to find new ways to survive until capital markets begin to thaw...
Pre-emptive Surgery
As major retailers file for bankruptcy and vacate stores, a domino effect is taking hold across the country...
Trading Distressed Debt Gets Murky
For many investors attempting to buy distressed real estate debt and for lenders seeking to sell, the process has taken an ugly turn. For potential buyers,...
Co-tenancy Clauses Push Shopping Center Owners Toward Bankruptcy
As retail chains close unprofitable stores across the country, remaining tenants at the shopping centers are increasingly invoking clauses in their leases that give them the right to pull out of a center without penalty, placing new financial strain on the property owner. ...
Fire Sale in Latin America
The suddenness with which the global financial crisis hit Mexico has caused distress at many projects such as coastal hotels, condos and office and industrial...
Reviving the CMBS Market
Vital signs are dangerously low in the commercial mortgage-backed securities market. A threefold dilemma of slashed bond prices, weakening mortgage performance...
