The board of directors at Agree Realty Corp. unanimously rejected an unsolicited acquisition proposal from Compson Holding Corp. The Board determined that the Compson proposal was inadequate and that continuing to implement the company's long-term...
Hoping for a quick turnaround in the retail real estate sector? Don't bet on it. That's at least the opinion of more than 700 commercial real estate experts surveyed for the Urban Land Institute and PricewaterhouseCoopers' annual Emerging Trends...
After weeks of uncertainty surrounding the $650 million redevelopment of Filene's flagship store in Boston, developer John B. Hynes III and partner Vornado Realty Trust secured the necessary financing to proceed with construction on the 1.3...
It's not unusual to see two or three bank failures a year, either from fraud or abuse of power or something less criminal, like mismanagement of funds. This year, however, the number of bank failures stands at 13 and more than 100 banks are on the...
Three years ago, when apparel retailer Bench opened its doors at Serramonte Center in Daly City, Calif., most Americans had never heard of the chain.
But the Philippines-based Bench is very popular in its home country, often drawing comparisons ...
In an October report titled “The New Three D's-Distrust, Deleveraging and Deflation,” Southard noted the Troubled Asset Relief Program (TARP) could restore confidence in financing commercial real estate...
CB Richard Ellis negotiated the sale of the Shops at Chauncey Ranch, a 168,504-sq.-ft. power center in Scottsdale, Ariz., from Vertical Holdings Co. to a private investor for $66.2 million...
Restaurants — hit particularly hard by the economic slowdown — are promoting reduced price menus to drive traffic and reel in struggling consumers. In a similar vein, shopping center owners are finding that if they want to keep restaurants in pla...
