Freddie Mac has just entered new territory. The government-sponsored enterprise recently wrapped up its first multi-family bulk loan disposition, selling 27 performing mortgage loans with a total unpaid principal balance of $195 million....More
While Neiman Marcus is largely viewed as a well-performing chain in one of the stronger sectors of retailing, its limited growth potential might make it difficult for the buyers to make a profit on their investment, some consultants say....More
Bill Ackman's intentions were good—that much members of the retail community agree on. But it doesn’t sound like anyone in the industry is going to shed tears over the supposed end to Ackman’s retail career....More
While the country’s last remaining big-box bookseller is nowhere near its final days, many in the retail industry were hoping the buyout would disentangle Barnes & Noble’s core business from its money-bleeding Nook venture and allow the company to find a winning formula....More
Retail investment sales in the first half of 2013 may have fallen short compared to year-ago levels (by 11 percent), but research firm Real Capital Analytics reports that the volume of transactions has been quite respectable.
Mesa West Capital has provided a joint venture between Chicago-based Bridge Development Partners and Dallas-based Hunt Realty Investments with $26.3 million in first mortgage debt to facilitate the acquisition of 26th & Western, a two-building 298,212-square-foot infill industrial cold storage portfolio in Chicago....More
HFF announced today that it has closed the sale of and arranged joint venture equity for the acquisition of Echelon Pointe, a 123,639-square-foot, Class A office building in St. Petersburg, Florida....More
This year is shaping up to be a strong one for private equity-led buyouts of retailers, as capital remains plentiful and it becomes clear that this investment model can deliver spectacular returns when executed properly....More