Standard & Poor's announced the January results of its S&P/GRA Commercial Real Estate Indices. Retail was flat from November to December, but was still up from one year ago. ...
U.S. CMBS delinquencies rose during March by a measly three basis points bringing the delinquency rate to a still microscopic 0.33 percent. So far, commercial real estate has been weathering the credit crunch quite well. There's belief in the...
This is great news for Related. It's much more positive than its other recent news when it announced it was postponing construction of the second phase of its CityNorth project in Arizona by a year. ...
This is the third or fourth big fund I can recall being launched in the past month. The newest entrant is a Dutch firm, United Investment Company and SNS REAA. Canyon-Johnson also closed a $1 billion fund. Blackstone has its mammoth $10 billion...
With a handshake, Mr. Kimmel and his friend Milton Cooper started the Kimco Realty Corporation in 1960. Until the corporation went public 30 years later, the partners never saw a need to formalize their business relationship, Mr. Cooper said...
Talbots Inc., the women's clothing chain that lost half its market value in 2007, fell the most in more than 14 years in New York trading after two banks canceled $265 million in letters of credit to the retailer. Talbots plunged $3.85, or 30...
Chairman and Chief Executive Myron "Mike" Ullman III said late Tuesday that the company is stretching out its five-year store growth strategy because of the economic downturn, with plans to open 36 new stores this year instead of the 50 it had...
That mount of debt that GGP's dealing with is becoming more of a sticky subject the longer the credit crunch goes on. Today there was a story in the Wall Street Journal describing how the REIT is out actively looking for joint ventures to help it...
Here's a clip from MSNBC with some analysts discussing the merits of REITs, especially in light of a recent rally which now has most REIT stocks in positive territory for the year.
(Spotted at Deal Junkie).
