It's not exactly the bursting of the dot-com bubble, but the seniors housing business is suffering from the excesses of the 1990s. Fueled by an influx of investment from Wall Street, there was rampant overbuilding of...
THIS PAST SPRING, ProLogis' (NYSE: PLD) European Properties Fund purchased a 1.8 million sq. ft. portfolio of four distribution centers in France from FM Logistics for an undisclosed price. Such transactions are now...