If you build it, they will come. Or so a disembodied voice told Kevin Costner's character, Ray Kinsella, in Field of Dreams, encouraging him to create a baseball diamond in rural Iowa. In real life, however, it's far more complicated...
Perseus Retail Partners has launched a $250 million shopping center funding program that will provide joint venture equity and mezzanine debt to buyers and builders of non-mall retail assets. The fund is looking to lend between $5 million and $25...
GAS PRICES, HURRICANES KEEP DINERS HOME ...
After back-to-back years with 30 percent gains, REIT stocks finally appear to be showing signs of flagging. While retail REITs are still performing better than their peers, they too are well behind their torrid pace of the past two years...