Community and mid-size banks, which comprise the bulk of all commercial real estate lenders in this country, are once again under the watchful eye of regulators. In March, the Federal Deposit Insurance Corp. (FDIC) issued a letter to all financial...
Macy's CEO Terry Lundgren took a $2.5 million cut in his cash payout in 2007, in a year when the company's profit and sales both declined. He did get a bump in salary and almost $700,000 in additional stock incentives for a total payout of $14.4...
Sales and development enjoyed a brisk business in the Northern California city of Stockton during the real estate boom, but signs of leveling out are starting to show. Broker Scott Crowle notes that the first commercial real estate sectors to...
Mixed-use developers seem to be caught in a rainstorm. In late March and early April, several high-profile mixed-use projects were either delayed or altered because of the weak economic conditions and difficulty in securing financing...
Ashkenazy Acquisition Corp. and the Carlyle Group purchased 650 Madison Ave., a 600,000-sq.-ft. retail/office property in New York City, from Hiro Real Estate Co. for $680 million...
