WP Realty Inc. recently closed on its newest equity fund, WP Real Estate Fund V L.P. The fund secured commitments of approximately $120 million of equity, which will enable WP Realty to acquire upwards of $400 million of real estate. This is the...
In the current retail environment—with sagging sales, shuttered stores and the occasional bankruptcy—cost-cutting has become a must. Retailers are employing all sorts of strategies to reduce expenditures, including reducing head count, cutting...
Among the few bright notes for retail real estate professionals in this year of bad news has been the fact that, contrary to expectations, store closings never reached Armageddon-like levels many were predicting. In fact, in the first half of 2009...
Reis Inc. published the preliminary statistics for the third quarter, which showed further erosion in retail real estate...
Developers Diversified Realty Corp. (NYSE: DDR) announced today that it has obtained new first mortgage financing from Goldman...
