Aggressive underwriting on securitized commercial real estate loans originated in 2007 will lead to increased defaults over the next decade, warns Fitch Ratings. The chief cause for concern is a reliance on continued...
In what is believed to be the largest commercial real estate deal in Texas history, Thomas Properties has agreed to pay $1.15 billion for the former Equity Office Properties portfolio in the state’s capital city. Los...
The commercial real estate investor may feel uneasy following the unfolding crisis in residential subprime mortgages. Is there direct or indirect exposure to subprime risk in typical commercial real estate investments...
Despite recent analyst concerns that the U.S. industrial market is in danger of overbuilding this year, vacancy rates are falling and the volume of projects entering the development pipeline is tapering. That’s...
The slowing job market chiefly reflects the housing downturn but will likely throw a damper on demand for commercial space as well, according to some of the nation’s leading economists and real estate forecasters. U.S...
GE Real Estate this month agreed to sell several Tokyo properties to LCP Investment Corp., a Japanese REIT, and to buy a sizeable chunk of LCP shares. LCP will purchase two office buildings and five multifamily...
The reaction of REIT prices on Tuesday to tumbling Wall Street stocks reveal disquieting links between the two. This week’s 3.3% plunge in the Dow Jones Industrial Average was a financial event triggered by a stock...
Once the ink dried on the second-largest leveraged buyout in U.S. history, it didn't take long for The Blackstone Group to chop up its newly acquired portfolio from Equity Office Properties (EOP). Within two weeks, it...
