Inland American Flirts With Acquiring Cedar
Jan 30, 2008
A slowing economy, declining property values and frozen credit markets were supposed to mean that this would be a year of one-off deals. But there could be at least one REIT merger in the works. Late last week, Inland American Real Estate Trust...
Sizing Up Sears' New Strategy
Jan 24, 2008
When Kmart Holding Corp. announced its plans to acquire Sears, Roebuck and Co. in late 2004 to form Sears Holding Corp., there was some speculation at the time that the deal was purely a real estate play and that both the Kmart and Sears names...
With Debt Deadline Looming Centro Changes CEOs
Jan 16, 2008
With a Feb. 15 deadline to pay off or refinance $3.5 billion in short-term debt exactly one month away, embroiled Australian listed property trust Centro Properties Group made a sudden change at the top. CEO Andrew Scott stepped aside on Tuesday...
CMSA Conference Marked By More Uncertainty
Jan 09, 2008
South Beach, Fla. -- The Commercial Mortgage Securities Association held its annual Investors Conference this week in South Beach, Fla., at a particularly precarious moment. Credit markets remain locked up, which has turned the previous deluge of...
Retail's Holiday Picture Developing
Jan 03, 2008
Retailers pulled out all the stops during the days before Christmas by extending hours, upping promotions and doing everything...
Frozen in Place
Jan 01, 2008
The credit crunch has had a profound chilling effect on investment for much of the retail real estate sector. When the crisis...
Land on Shaky Ground
Jan 01, 2008
Back when new development was proceeding at a fever pitch, entrepreneurial investors snatched up land parcels in areas poised...
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