In redesigning the Homemakers Furniture store in Des Moines, Iowa, architect International Design Forum was charged with creating a more contemporary, consistent and appealing furniture shopping experience that established the brand as an...
Realpoint’s rate stands at 8.28 percent while Trepp’s rate is 9.39 percent. Realpoint counts $62.42 billion in CMBS loans as delinquent. Of that, $6.66 billion is 30 days past due, $4.18 billion is 60 days past due, $25.91 billion is 90 or more...
The delinquent unpaid balance stands at $62.42 billion out of a total unpaid balance of $754.27 billion. The resultant delinquency rate stands at 8.28 percent, just a hair below the high of 8.29 percent reached in December 2010. The delinquency...
The overall delinquency rate in February rose 5 basis points. The increase was slightly below the 14-basis-point increase posted in January. The resultant percentage of loans 30+ days delinquent, in foreclosure or REO is at 9.39 percent, eclipsing...
Kite Realty Group secured a $21 million long-term loan for International Speedway Square, a 230,000-square-foot power center in Daytona, Fla. The loan features a 10-year term and a fixed 5.77 percent interest rate. Kite used the net proceeds from...
Joliet Crossings 2010 LLC appointed Newmark Knight Frank as exclusive retail leasing agent for Joliet Crossings, an open-air mixed-use development in Joliet, Ill. The 37-acre project recently underwent a financial restructuring under the oversight...
While the retail industry’s attention in recent weeks has been focused on Borders' Chapter 11 filing, there is another retail giant with a massive store portfolio that may be raising alarm bells in the near future.
For years now, Sears Holdings...
