A dozen commercial real estate industry associations, including ICSC, have sent two letters to the U.S. Department of the Treasury, requesting a guarantee for highly rated, asset-backed securities. ICSC president and CEO Michael P. Kercheval...
Stroll through a mall center court these days and you may think you have stumbled into the lobby of an upscale hotel. Mall owners are taking cues from the hospitality industry and transforming center courts into spaces where shoppers can sink into...
One example of what might become an all too common phenomenon this year occurred on Jan. 6 when a court ordered the 509,000-square-foot Shenango Valley Mall in Hermitage, Pa., into receivership at the request of its lenders. Receivership is a...
When the founding fathers were trying to decide on a site for the federal capital, they eventually opted for one that took advantage of the Potomac River — at the time a major conduit of trade and a center of early American culture. Since then, it...