Economists are divided over the commercial real estate implications of Friday’s historic downgrade of U.S. debt. Standard & Poor’s decision to lower its rating on long-term U.S. Treasury bonds from AAA to AA+ is, by itself, unlikely to affect...
A former Ford dealership in New York City. An antiques mall in South Carolina. A closed specialty store in Pittsburgh. The corporate headquarters of a car-rental company on Long Island. An open-air power center in Louisville...
Westwood Financial Corp., purchased the 136,219-square-foot Sanders Court Shopping Center in Northbrook, Ill., for $22 million. The center currently is 99-percent leased...
Simon Property Group Inc., the country's largest owner, developer and manager of high quality retail real estate, announced that its Premium Outlets division will expand four Premium Outlet properties located in California, Florida, Illinois and...
More than once over the past year have I heard industry experts talk about the reemergence of commercial mortgage-backed securities as “CMBS 2.0” only to hear them quickly admit that, when it gets down to brass tacks, there's not a whole lot...
For most of the U.S., the Great Recession was the worst economic stretch since the Great Depression. But for Silicon Valley, it paled in comparison to the wreckage the area experienced after the dot.com bust...
While on the campaign trail, then-Sen. Barack Obama famously (or infamously, depending on your point of view) said to a group of Iowa farmers, “Anybody gone into Whole Foods lately and see what they charge for arugula? I mean, they're charging a...
Just short of seven years after the Rouse Co. was absorbed by General Growth Properties in a landmark $12.6 billion deal, the venerable Rouse name is returning to the retail real estate world...
CBL & Associates Properties Inc. closed the modification of its three major secured credit facilities with aggregate capacity of $1.15 billion including its $520 million secured credit facility, its $525 million secured credit facility and its...
