Shops at Grand Avenue Sold in Queens, N.Y.
May 01, 2009
A subsidiary of Forest City Enterprises Inc. sold the Shops at Grand Avenue, a 100,000-square-foot community shopping center in Queens, N.Y., to an affiliate of AEW Capital Management LP for $33.5 million. The transaction featured a cap rate of...
May 1, 2009
May 01, 2009
When Good Assets Go Bad
Apr 30, 2009
After opening in 1972, Crossroads Mall was the largest enclosed shopping center in the state of Oklahoma. Today it sits in receivership on the southeastern outskirts of Oklahoma City, a product of lax management and challenging times for the...
Massive REIT Stock Offerings May Signal Future Deals
Apr 28, 2009
A recent spate of stock offerings by some of the retail sector’s stronger REITs points to a possible pick-up in acquisitions going forward, analysts say. Since March 19, more than a quarter of the sector’s 17 REITs conducted stock offerings. Most...
Debts Coming Due
Debts Coming Due
Apr 27, 2009
Foresight Analytics and the Mortgage Bankers Association provide a glimpse of the timeline on coming commercial real estate...
Kimco Lines up $220M Financing
Apr 24, 2009
Kimco Realty Corp. entered into a $220 million unsecured term loan with a consortium of 12 banks, including the Bank of Nova...
Retail Brokerage Firms Look Beyond Sales and Leasing to Survive the Downturn
Apr 23, 2009
Most industry insiders agree that revenues from investment sales and new leasing transactions—commercial brokers' bread and...
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