A recent report from CBRE Torto Wheaton Research states that future commercial mortgage defaults and losses could be overestimated threefold. The culprit? Not surprisingly, overreactions in the credit markets are to blame. In recent months, prices...
Consumers are finding that prices, in fact, are negotiable, even at some of the country's largest stores. Chains like Best Buy, Circuit City and Home Depot have quietly passed word down to salespeople that negotiating on price is acceptable...
Concerns about the broader economy, a yawning bid-ask gap between buyers and sellers and scarce credit have created an incredible shrinking volume of investment sales so far in 2008...
Just because it's difficult to borrow money doesn't mean development plans need to come to a halt. In fact, the credit crunch--and the resultant drop in available construction financing--has given rise to some new partnerships. Retail REITs, with...
If the mood at this week's ICSC Mid-Atlantic Idea Exchange in Washington, D.C., is indicative of the national picture, the industry has come to grips with the economic slowdown; but it is far from pessimistic about the prospect for continued...
Reis Inc.'s message from last week's 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...
The residential real estate sector continues its dramatic correction. Defaults have spread beyond subprime mortgages and into Alt-A loans, as well as prime mortgages. Mainstream business commentators are eager to find where the damage will spread...
Following the trend of shopping center development with an ethnic consumer in mind, two Southwest-based real estate development firms plan to build what will become an 180,000-square-foot shopping center in the region targeting Asians. The...
Last year, economists from the Mortgage Bankers Association described the climate for commercial real estate finance as the “perfect calm.” Perhaps that should have been reason to worry. Twelve months later, things look a bit different, to say the...
Canyon Capital Realty Advisors appointed Phil Angelides, former California state treasurer, as principal and chairman of its newly created Canyon-Johnson Urban Communities Fund. The fund will focus on acquiring, improving and greening residential...
