ICSC doesn't report the final weekly figures until tomorrow and the full December snapshot won't come until January. Early indications are that a last-minute burst of shopping failed to materialize meaning it very likely will be another month of...
In an interview with Private Equity Real Estate Pacific Retail Capital Partners managing principal Steve Plenge says retail real estate will have a "terrible year" but also thinks it will be the best buying opportunity in the sector in 30 years. ...
U.S. commercial properties at risk of default could triple if rental income from office, retail and apartment buildings drops by even 5 percent, a likely possibility given the recession, according to research by New York-based real estate analysts...
It's been a while since I posted anything on the lighter side. The Washington Post has an entertaining story about how a change in mall Santas caused some dischord in the D.C. suburbs. ...
As I posted earlier, commercial real estate groups have begun to directly push for a bailout. Of course, a few months back the same groups got on board backing Henry Paulson's questionable TARP plan. This new appeal makes more sense to me since...
A recent letter sent to Treasury Secretary Henry Paulson, and signed by a dozen real-estate trade groups, painted a bleak scenario: "Right now, we believe there is insufficient systemic capacity to refinance expiring, performing commercial real...
A Delaware bankruptcy judge on Thursday authorized KB Toys to begin going-out-of-business sales. Judge Kevin Carey granted the company's request after attorneys said they had resolved several concerns of landlords and creditors about rent and...
