In a surprising about face, Standard & Poor's has restored the AAA ratings to three CMBS bonds sold in 2007 that it had cut last week. This is a short story. The key paragraph is the last and I've bolded it below. ...
Here's a local news report looking at one of Forever 21's department-store-sized stores. It opened on the site of a former Gottschalk's. Forever 21 will also be moving into at least 15 former Mervyns' locations. ...
There are some problems with the massive Destiny USA project in Syracuse. A local news report featuring an interview with the mayor sums up the current situation. Construction has stopped, in part because of a dispute between the developer, Robert...
I already did the round-up post for today, so I'm adding this as a single item. S&P first began talking about downgrading CMBS ratings in April. This triggered some rancor in early June. There was an excellent viewpoint from HousingWire on...
