CBL & Associates Properties, Inc. (NYSE: CBL) closed a $74.1 million eight-year, non-recourse loan secured by Cary Towne Center in Cary, NC, with a fixed interest rate of 8.5 percent...
As national retail chains pull back growth strategies amid same-store sales figures that are the worst in decades, mixed-use projects that had been in the works for years are suddenly being thrown into disarray. Retail, once the main ingredient i...
One of the cardinal rules of shopping centers is that the longer you manage to keep a consumer on a property, the more they end up spending. So it just goes to illustrate how bleak things have become that some regional mall owners are voluntarily...
Linens ’n Things retail stores disappeared from shopping centers coast-to-coast after the chain went bankrupt and liquidated its stock, but the familiar brand is about to be revived after a joint venture bought the name for $1 million...
Commercial-mortgage backed securities (CMBS) delinquencies jumped by $2.11 billion in January and now stand a trailing 12-month high of $10.79 billion, according to data from Realpoint. Realpoint counts mortgages that are 30, 60 or 90 days overdue...
The cost of land has dropped precipitously as commercial property values slump. Today, retail developers and investors can pick up land at prices not seen since the late 1990s. Sellers, too, have also relaxed their requirements and terms favor...
Simon Property Group's surprising decision to pay out its fourth- quarter dividend in the form of 90 percent stock instead of cash could trigger a new trend for retail REITs...
Officials with Dallas-based Staubach Retail Services in late January announced plans to rebrand the 22-year-old firm as SRS Real Estate Partners. The firm will continue to focus on representation of retail real estate clients. Roger Staubach will...
About two years into Tesco's experiment in the U.S., the company is now saying that it took the wrong approach in trying to break in. Now it may make big changes to the stores, according to comments by Tim Mason, the head of Tesco's U.S. business...
