Traditionally, a slowdown in the housing market is a bad sign for retail since shopping center development trails residential construction. The current downturn, however, has provided an unexpected upside. After years of steep inflation on...
When the housing market began to seriously falter in 2006, analysts raised concerns that retail real estate would be next. It was no secret, after all, that millions of Americans had pulled equity from their homes for years to finance cars...
In the face of pedestrian retail sales and crashing stock prices, four of the eight regional mall REITs delivered solid second quarter results. The most successful firms--those with portfolios in high-barrier-to-entry markets with strong...