General Growth Inks Pact to Restructure Mortgages on 70 Malls
Nov 19, 2009
General Growth has reached a deal with its lenders to restructure mortgages on 70 malls. It hopes to reach similar agreements on other properties based on this one. It announced the pact during a bankruptcy court hearing. The Wall Street Journal...
CNBC: Commercial Real Estate Optimism Boosts Regional Banks
Nov 18, 2009
Finally, some commentary on commercial real estate that's not all doom and gloom. The important point--there will be stratification. It's not going to be an outright collapse. And REITs look better every day.
Report: Simon Looking at General Growth
Nov 18, 2009
This just came over the wires from the ...
Property Fundamentals Might Be Stabilizing, But New Projects Face Delays (Wednesday's News & Notes)
Nov 18, 2009
This seems to be a bad week to be a developer. At least three major projects around the country might be delayed, for reasons ranging from unfavorable market conditions to disputes over wages for future mall employees. ...
Costco Takes Manhattan; Banks Shake Off Toxic Loans (Friday's News & Notes)
Nov 14, 2009
It was a mixed bag today in terms of news for the retail real estat industry. Costco's announcement of its first store in Manhattan was encouraging. Wal-Mart's warning that we might be in for a lackluster holiday shopping season was not. ...
Tranche Warfare; Evaluations of TALF; Banks Adopt New Rules (Wednesday's News & Notes)
Nov 12, 2009
Here are some recent news and notes about retail and retail real estate. ...
Retail Sector to See More Closings in 2010; More Pain for Owners (Monday's News & Notes)
Nov 10, 2009
As we head into the all-important November/December shopping season, the stakes are getting high for everyone involved. Some retailers are working on holiday sales strategies that will protect them from taking huge hits on prices, while others are...
Emerging Trends in Real Estate 2010
Nov 06, 2009
PricewaterhouseCoopers and the Urban Land Institute released their Emerging Trends in Real Estate 2010 this morning. They did a media call earlier today. I provided Twitter updates during the call. Here are some of the key charts in the repor...
October Same-Store Sales Roundup
Nov 05, 2009
Retail Forward, ICSC and Retail Metrics have all crunched the numbers. The verdict: Retailers posted year-over-year same-store sales gains in October for the sector's best single month since April 2008. The one giant caveat to the figures is that...
More Worries About Commercial Real Estate; NIMBY Wars; Dollar General's IPO (Wednesday's News & Notes)
Nov 04, 2009
More people are worrying about commercial real estate. A Reuters piece from earlier this week features comments from Jon Greenlee, associate director of the Fed's Division of Banking Supervision and Regulation. ...
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