You know the descent of the dollar has gotten serious when retailers inside the U.S. start accepting alternate currencies. In Washington, D.C., the owners of the Mediterranean sandwich shop, which caters to transatlantic visitors has started...
The virtual shutdown in the commercial mortgage-backed securities (CMBS) sector has created a gaping hole in the capital supply for real estate deals. Last year, CMBS lenders accounted for $230 billion in commercial real estate loans in the U.S....
Taking a break from worrying about today's rocky business climate, a small group of owners and developers gathered at ICSC's REvent in February, to talk about the future of the shopping center industry. Much of the discussion focused on how to...
In February 2007, Dillard's closed a 150,000-square-foot store at the 206,000-square-foot Shively Shopping Center in Louisville, Ky. During a normal economic period, that wouldn't have been a major hardship. The center's owners, Shively Center LLC...
Some developers are going the extra mile to establish good community relations. In the case of a project in Fort Wayne, Ind., for example, Northbrook, Ill.-based Pine Tree Commercial Realty and Oak Brook, Ill.-based Inland Real Estate Corp. spent ...
Reis Inc.'s message during its fourth quarter 2007 capital markets briefing was, “Worry. Don't panic.” The New York-based commercial real estate information firm confirmed that cap rates for commercial properties inched upward in the final stretch...