IRS Documents on Modifying REMICs
Sep 15, 2009
Earlier today, word came out that the IRS will permit the modification of commercial real estate loans included in real estate mortgage investment conduits. ...
Blockbuster Closing Up to 960 Stores By End of 2010
Sep 15, 2009
CityBiz real estate makes a great catch in an 8K filing by Blockbuster Inc. today. The company is planning on closing a boatload of stores between now and the end of 2010. ...
Commerce Department Figures Show Strong Sales in August
Sep 15, 2009
According to the Commerce Department, August retail and food sales jumped 2.7 percent. Sales were 5.3 percent below last year. On the positive side, however, the year over year drops seem to be shrinking each month. Not that long ago, the year...
GGP Auctions Condos; CRE Investment at Lowest Level Since 1991; Starbucks Reduces Closures (Friday's News & Notes)
Sep 11, 2009
The latest installment in John Reeder's series of Twitter profiles was an interview with Imad Naffa, founder and president of NAFFA International, a building code services consultant. General Growth is having a tough time selling condos at the...
Tiffany Sues Westfield--So Much for Getting Along
Sep 11, 2009
Our September cover story looks at the acrimony that has existed much of the year between landlords and tenants over concessions. It ultimately makes the argument that the two sides need to adopt a joint view of success and work together. ...
Weekly Same-Store Sales; Commercial Real Estate Losses; Dealing with Distress (Wednesday's News & Notes)
Sep 10, 2009
Here are some news and notes on retail and retail real estate. ...
Yet More Store Closings for Sears
Sep 09, 2009
Sears is closing more Kmart and Sears stores. ...
FDIC's Sheila Barr on Commercial Real Estate
Sep 09, 2009
(Square Feet posted this earlier today.)
Nonperforming Loans; August Same-Store Sales; Largest Mall in Europe Readies for Opening (Holiday Weekend Roundup)
Sep 08, 2009
Real Property Alpha posted a look at nonperforming loans and their distribution among different kinds of banks. The largest 25 percent of banks account for 82 percent of non-performing loans, according to the blog's chart. Retail Sails provided...
Another Commercial Real Estate Boom Might Be Years Away; But The Threat Of The Current Crisis Might Be Overblown (Thursday's News & Notes)
Sep 04, 2009
One of the biggest media debates recently has been about the extent of the problems in the commercial real estate sector. Some financial experts have argued commercial real estate might be the next bubble to burst, resulting in a mass number of...
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