When the current downturn in commercial real estate comes to an end, the U.S. REIT sector might look a lot smaller, according to participants at New York University's 14th annual REIT symposium, which took place on April 2. With even the strongest...
The issue of REIT debt maturities continues to hang over the industry. Companies with high debt loads such as General Growth Properties and Centro Properties Group have had well-publicized problems. Other firms have been able to deal with debt...
Macerich Co. (NYSE: MAC) received a commitment for a $205 million refinancing of North Bridge Center in Chicago. The loan term is seven years at a fixed interest rate of 7.5 percent and is expected to close in June 2009. The lender is a major life...
Faced with falling property incomes, owners of retail real estate look for creative ways to slash spending.
As the retail REIT sector continues to take a beating amid a combination of falling consumer demand and frozen credit markets...
Simon Property Group CEO David Simon's sound bite from the company's fourth-quarter earnings call in February got a lot of play...
