At the end of December, there were $1.6 billion in bank-owned retail properties, according to New York-based research firm Real Capital Analytics. As more retail properties end up in the hands of court-appointed receivers, tenants are entering...
As it’s becoming increasingly clear that Simon Property Group Inc. and General Growth Properties Inc. are engaging in the early stages of merger negotiations, retail real estate professionals are starting to weigh the effects a potential...
In December 2009, the delinquent unpaid balance for CMBS jumped to $41.64 billion from $37.93 billion a month prior, according to Horsham, Pa.-based Realpoint LLC. It was the second straight month when the unpaid balance jumped by more than $3.7...
Developers Diversified Realty Corp. closed an offering of 37,295,000 of its common shares at a price of $8.16 per share, raising more than $300 million in the process...