General Growth has company. Two other commercial real estate firms have filed for Chapter 11 bankruptcy protection in the last two days. First it was developer Opus South. (Of note, Opus Corp. and its other regional affiliates are not part of this...
The empty husks of some of Circuit City's box stores will be filled with electronics and appliances again. P.C. Richard & Son is remodeling former Circuit City store interiors in Brick, Eatontown and East Brunswick. P.C. Richard executives...
The Wall Street Journal posted a story based on Moody's Commercial Real Estate Indices pointing out that the declines in values posted to date have now wiped out four years of gains. ...
Auctions aren't a new thing for real estate. There are a number of firms that specialize in that sort of thing in the commercial real estate sector. However, I don't know if I've heard of any of the auctions being run through the Internet. It adds...
General Growth has added additional subsidaries, including eight regional malls to its bankruptcy filing. That brings the total of malls in the filing to 166. The updated list of filing properties is here and filing entities is here. ...
After a series of historic lows, the Architecture Billings Index (ABI) was up more than eight points in March. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between...
Moody's published it's most recent commercial real estate indices. Square feet uploaded the pdf to Scribd, which I've copied here. The index shows further declines, not surprisingly. Retail is down 8.5 percent year over year. ...
The Wall Street Journal profiles Chaim Katzman in connection with the ongoing wooing of Ramco-Gershenson Properties Trust by Equity One. In the latest development, Equity has nominated two people to Ramco's board. ...
