Free Falling
Mar 01, 2009
The recession and credit crunch continue to take a toll on retail REITs. During the fourth quarter, REITs experienced a smorgasbord of difficulties including one-time charges, occupancy declines and decreasing net occupancy incomes (NOI). As a...
Another Rough Month
Mar 01, 2009
Retail REITs were not spared as the stock market hit its lowest levels since 1997. Every REIT dropped from the same period last month and is down year to date in 2009...
Scaling Back
Mar 01, 2009
LIQUIDATIONS ...
On Barren Ground
Mar 01, 2009
It's been a slow few months in the world of real estate lending. For example, Steven J. Lurie, partner in the real estate practice group of Greenberg Glusker, a Los Angeles-based law firm, has handled only one retail financing since Sept. 15, when...
Take Four
Mar 01, 2009
After failing three times to get the public financing it wanted to pay for part of a $2 billion expansion, the Mall of America...
Business Deals
Mar 01, 2009
Cohen and Co., Inc. Real Estate negotiated the sale of the 234,045-sq.-ft. Ormond Towne Square, in Ormond Beach, Fla., from...
Robo-Mall Cop
Mar 01, 2009
Japanese researchers in Tokyo have devised a robotic mall cop, a two-foot-high security guard on wheels that can track down bad...
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