Wednesday's News & Notes
Wed, 2009-05-13 20:20
Here are some
and notes on retail and retail real estate from around the Web today.
Seeking Alpha asks,
Why Are Stress Tests So Pessimistic on Commercial Real Estate?
Los Angeles Times
examined how commercial loans
are hurting smaller regional banks
. That's making
Square Feet nervous
Wall Street Journal
sale-leasebacks are coming back
to William Ackman's
town hall meeting
talks about commercial real estate being
the next shoe to drop
New loans on commercial real estate
are down 70 percent
, according to the Mortgage Bankers Association.
Regional mall REIT PREIT is
looking to sell assets
Goldman Sachs takes heat on
some of its commercial real estate bets
Palm Beach Post
the sad saga of Palm Beach Mall
--a property Simon wanted to redevelop, but is now a casualty of the recession.
General Growth credit default swaps sell for
44.25 cents on the dollar