Bankruptcy Judge Approves Boscov's Sale
Oct 02, 2008
While acknowledging that certain aspects of the proposed sale procedure were unusual, Gross said Boscov's has "a sterling reputation," and that the company, along with its creditors, employees, customers and the communities in which it operates...
ICSC Pushes for the Bailout
Oct 01, 2008
I just received this in my inbox. ICSC is supporting the bailout package. ...
Kohl's Opening 46 Stores Today
Oct 01, 2008
Kohl's Corp. is opening 46 stores Wednesday as part of an aggressive effort to take market share from competitors just as the holiday season gets under way and U.S. consumer spending is stagnating. "We've been in a period now for over a year...
Realty Income Closes Stock Offering, Pays Down Debt
Sep 30, 2008
Realty Income closed a public offering today and raised $100 million in the process. It will use the proceeds to pay down debt. ...
Moody's Cuts iStar Financial's Ratings
Sep 30, 2008
Moody's has cut the ratings of iStar financial, which specializes in commercial real estate lending, to junk. A company...
Circuit City Hires Restructuring Firm
Sep 30, 2008
More bad news for Circuit City. After the resignation of its CEO followed by disappointing quarterly results and the company's...
Commercial Real Estate Debt Still Expanding
Sep 30, 2008
The CMBS market may be frozen, but the level of outstanding commercial real estate debt continued to expand during the second...
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