As the credit markets remain frozen, the avalanche of bad news surrounding investment banking giants Lehman Brothers and Merrill Lynch and insurance provider AIG is causing a state of panic in the commercial real estate industry...

It's gut-check time. It's time to admit that this financial crisis has now exceeded anything we've seen since the Great Depression. This is worse than the Russian default crisis in 1998. It's worse than the savings and loan meltdown in the 1980s...

In late August both Indianapolis-based Simon Property Group and Sydney-based Westfield Group divulged they had taken out significant stakes in Liberty International plc, which owns more than 12 million square feet of retail space in the United...

General Growth Properties, the owner of the second-largest portfolio of regional malls in the U.S., said in late September that it is pursuing “strategic alternatives.” The company has well-publicized debt issues. In negotiations with lenders, it...