Pershing Square Lost Millions on Borders Bet (Friday's News & Notes)
Feb 11, 2011
After all the news surrounding Borders' efforts to secure financing recently, I spent the past week scanning through the news reports every morning all but certain there would be an announcement of a bankruptcy filing. So far, that hasn't happened...
Shady CMBS Deals in the Works? (Tuesday's News & Notes)
Feb 09, 2011
We reported in our January/February issue how the increasing competition for CMBS deals among Wall Street firms was leading to a loosening of underwriting standards. ...
Illiquid Assets Still Holding Back Banks (Monday's News & Notes)
Feb 07, 2011
This weekend went down fairly quietly, without too much news emerging about retail real estate. The news reports that did emerge, however, were disheartening. The Wall Street Journal reported that banks still haven't worked through the piles of...
Macerich Quietly Snatches Atlas Park
Feb 04, 2011
Atlas Park--a troubled lifestyle center in Queens--was snapped up for $53.7 million in a foreclosure auction. The winning entity was WMAP LLC and it has now been revealed that the entity includes regional mall REIT Macerich as well as Walton...
Inside January's Surprisingly Strong Same-Store Sales Results
Inside January's Surprisingly Strong Same-Store Sales Results
Feb 03, 2011
Same-store sales came in surprisingly strong in January, rising year-over-year by just under 5.0 percent. The results surprised...
Is CRE Crisis Really Here? (Wednesday's News & Notes)
Feb 02, 2011
While most retail real estate insiders feel the worst of the downturn may be over for the industry, one notable contrarian...
Borders to Delay Rent Payments to Protect Liquidity
Jan 31, 2011
The potential of a Borders bankruptcy filing has been generating a lot of buzz in the retail real estate industry in the past...
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