The fact that the REITs are well-positioned to take advantage of this downturn has been talked about for a while, but now the rating agencies are starting to take note, according to a report from CoStar. For this and other stories about the world...
This week furniture seller Pier 1 Imports posted its first profit in a number of years. The chain had been struggling even before the recession hit, and many industry experts thought it was a goner back in 2008. But Pier 1 seems to have persevered...
The bill in front of the Senate keeps morphing. I'm not sure what this makes the effective tax rate, but the language does keep changing and is different from what ultimately passed the House. That means any changes will have to be ironed out in...
It seems like not a day goes by without some new joint venture being announced. Last night, Kimco Realty Corporation announced its second joint venture with Israeli investor BIG Shopping Centers. The new joint venture will acquire a portfolio of...
Australian mall giant Westfield has got something interesting up its sleeve. It's making a pretty aggressive push into online retailing, at least in Australia. One has to wonder if it has plans to bring the concept stateside should it find success...
And odd post popped up at Business Insider this morning looking at 15 big companies "in danger" of sliding into bankruptcy. I put that in quotes because the percentages listed of these companies going into bankruptcy are quite low. ...
I'm doing some long overdue catch-up with some of the links below. We've been spending the last few days trying to get our heads around what's going on with taxation of carried interest. ...
Steve Roth, chairman of Vornado Realty Trust and Richard LeFrak, The LeFrak Organization were on CNBC's Squawk Box talking about the Toys 'R' Us IPO as well as the outlook for commercial real estate.
Just more than a week ago, the House of Representatives passed a bill that would raise the rate of taxation on carried interest. It's not the first time the House has okayed such a measure. According to ICSC, this is actually the fourth time it's...
For some months now, brokers have been telling us that U.S. retailers see limited opportunity for growth stateside and are increasingly gearing their strategies toward overseas expansion. The trend began to take root even before the recession, but...
