Mall of America Bucks the Odds
Aug 20, 2009
The Chicago Tribune has a nice story looking at how the Mall of America has fared during the recession. The fact that it is a tourist destination has helped it perform better than many other regional malls. It's still drawing crowds and is eking...
Bloomberg: A Tale of Two Real Estate Markets
Aug 20, 2009
This Bloomberg report looks at how some retailers have taken advantage of conditions to expand aggressively in New York City. The New York Times had a similar report with more details. Both stories are based on this report from the Center for an...
AIA Billings Index Bounces Back
Aug 20, 2009
Here's some welcome news. The American Institute of Architect's Architecture Billings Index bounced back in July. The index rebounded more than 5 points last month to a reading of 43.1, reversing a similar decline in June, according to the...
TALF Extended; Fitch Worries About CRE; Consumer Spending Trends (Tuesday's News & Notes)
Aug 19, 2009
The August doldrums continue. There seem to be about enough items to do a roundup every other day. So I'm very late to getting around to the big news--the extension of TALF for another year. So far, however, I still haven't seen a ton of reaction...
Commercial Real Estate: "The Next Financial Tsunami"
Aug 18, 2009
Debt problems are hurting commercial real estate. And commercial real estate is hurting banks. So we're in a vicious cycle...
Commercial Real Estate Owners Walking Away
Aug 17, 2009
This CNBC clip looks at how some commercial real estate owners are stopping their mortgage payments and walking away.
Dismal Back-to-School Sales; Revival in the Commercial Real Estate Lending; the State of Consumer Spending (Weekend Roundup)
Aug 17, 2009
Here are some recent news and notes on retail and retail real estate from over the weekend. ...
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