Build-A-Bear Workshop Inc. said it plans to close friends 2B made concept, a line of make-your-own dolls, and expects related charges in the third and fourth quarters, and through the third quarter of fiscal 2009, sending its shares down as much...
Discount clothing chain Steve & Barry's has begun final liquidation sales at the 103 locations it will be closing following its takeover last month by BHY Holdings LHC, an affiliate of investment firms Bay Harbour Management and York Capital...
A possible deal for Linens 'n Things has evaporated. Now the company may face liquidation, possibly not even surviving the holiday shopping season. ...
Here's a very brief statement from the Real Estate Roundtable Real Estate President and CEO Jeffrey D. DeBoer on the bailout of AIG, the latest major move to stabilize the financial system. ...
Yields on commercial mortgage bonds relative to benchmark rates rose to record highs on concern that Lehman Brothers Holdings Inc. may dump its real estate on the market after filing for bankruptcy. Spreads on AAA rated commercial mortgage-backed...
I'm still trying to get my head around the implications that Lehman's collapse has for the commercial real estate sector. As I see it, there are a handful of ways this is negative or potentially negative for the sector. If you've got any feedback...
Yesterday hurt. And I'm not talking about the Dow. Retail REITs were not immune from the broad sell-off. Every company we cover fell between 3 percent and 15 percent during the rout. The companies that got hurt the worst stand out. The two largest...
"I think the industry as a whole will feel a significant effect from this. This is a big one. It's not just a lender. It was also an equity player," said Ross Moore, executive vice president of market and economic research at Colliers...