The credit crisis continues to deepen. Yet another large development has secured financing. This time it's the mammoth CityCenter project in Las Vegas. ...
This is interesting. Forever 21, unlike many other retailers, seems to be in a strong position with wealthy sales and a pile of cash to invest. Even more interesting is the fact that it wants to open big box locations as opposed to its more...
Hypo Real Estate Holding was rescued over the weekend. This is an ominous sign for commercial real estate because Hypo was a big player in financing the sector. At least part of the problem seems to be how Hypo was funding itself as opposed to...
In the retail sector, vacancy rates have climbed and rent increases have slowed for the past year. The vacancy rate at malls in the top 76 U.S. markets rose to 6.6% in the third quarter, up from 6.3% in the previous quarter, to its highest level...
Despite the worsening credit crisis, some REITs seem to have been able to line up fairly significant financing packages. So it seems not everybody can get a loan these days, but the market isn't completely frozen either. ...
Executives from restaurant chains Darden Restaurants Inc, California Pizza Kitchen Inc and Buffalo Wild Wings Inc said on Thursday they are seeing prime real estate open up as tenants back out of deals. "The availability of quality sites is...
Sears, Roebuck is looking to grow home-goods sales by adding stores away from malls as shoppers flock to new retail centers. That off-mall strategy includes more dealer stores located in smaller, rural markets, and home appliance showrooms in big...
Some analysts were already expecting the weakest sales growth for the holiday season in 24 years, and with uncertainty roiling the banking system and a teetering economy, they figure Americans will make their lists and check them three or four...
