As regional mall REITs began filing their 2007 fourth quarter and year-end earnings last week, two overriding questions emerged for 2008. Will the sluggishness in the retail sector result in rising vacancies and, therefore, falling rents? And will...
For each of the past 11 quarters, Reis Inc. has reported a rise in vacancy rates at neighborhood and community shopping centers. In addition, vacancies at regional malls jumped 30 basis points from the third quarter to the fourth quarter marking a...
Who says the era of retail buyouts is over? Although the credit crunch makes leveraged-buyouts difficult, it doesn't mean that all deals are off the table. A case in point is NRDC Equity Partners, which has announced plans to buy Fortunoff for ...