REIT Wrecks on the Proposed Bailout
Dec 24, 2008
REIT Wrecks has penned an ...
Good News and Bad News
Dec 23, 2008
In an interview with Private Equity Real Estate Pacific Retail Capital Partners managing principal Steve Plenge says retail real estate will have a "terrible year" but also thinks it will be the best buying opportunity in the sector in 30 years. ...
Commercial Loan Defaults May Triple as Rents Decline
Dec 23, 2008
U.S. commercial properties at risk of default could triple if rental income from office, retail and apartment buildings drops by even 5 percent, a likely possibility given the recession, according to research by New York-based real estate analysts...
Santa Switch Has Polarizing Effect
Dec 22, 2008
It's been a while since I posted anything on the lighter side. The Washington Post has an entertaining story about how a change in mall Santas caused some dischord in the D.C. suburbs. ...
Example of Owner Walking Away
Dec 22, 2008
As I posted earlier, commercial real estate groups have begun to directly push for a bailout. Of course, a few months back the...
Commercial Real Estate Groups Ask for Bailout
Dec 22, 2008
A recent letter sent to Treasury Secretary Henry Paulson, and signed by a dozen real-estate trade groups, painted a bleak...
KB Gets Authorization for Liquidation
Dec 19, 2008
A Delaware bankruptcy judge on Thursday authorized KB Toys to begin going-out-of-business sales. Judge Kevin Carey granted the...
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