Recent Deals Signal Spark in CMBS Market
Jun 8, 2010, By Jennifer Popovec
The CMBS market is returning--and retail has been at the heart of its recovery....
Distressed Retail Mortgages Present CMBS Special Servicers with Unique Challenges
May 11, 2010, By Elaine Misonzhnik, Retail Traffic Associate Editor
Special servicers remain reluctant to liquidate distressed loans and are slowly beginning to work them out....
CMBS Market Shows Increasing Vitality
Apr 6, 2010
The commercial mortgage-backed securities market appears to be on the mend....
Shopping Center REITs Report Signs of Improvement, but Expect More Store Closings
Feb 23, 2010
Shopping center REITs turned in a respectable performance for the fourth quarter of 2009, giving credence to the notion that the worst of the downturn may be over. ...
Receiverships Don’t Have to Disrupt Retail Tenants
Feb 19, 2010
The growing number of receiverships is shedding new light on a lease clause that got little attention during the industry’s boom years: subordination, non-disturbance and attornment (SNDA) agreements. Such agreements protect both lenders and tenants in the event that a lender forecloses on a property or moves to have a receiver named....
Recent Activity Indicates General Growth Would Like To Keep Its Independence
Feb 2, 2010
Recent moves by General Growth increase the chances that it will exit Chapter 11 bankruptcy protection as an independent entity....
Is Xanadu Meadowlands Not Meant to Be?
Jan 26, 2010
The New Jersey Governor’s office has essentially labeled the Xanadu Meadowlands a failure and called for its developer to complete construction or turn the site over....
Chicago’s Block 37 Receivership Sits in Limbo
Dec 21, 2009
The handover of Block 37 to its appointed receiver continues to be delayed....
CMBS Activity Picks Up, but Caution Remains
Dec 15, 2009
The securitized debt market appears to be coming back to life. ...
GGP Plans to Exit Chapter 11 Without Major Sell-Offs, but Merger Talk Persists
Dec 8, 2009
Just as many industry observers predicted when General Growth Properties filed for Chapter 11 bankruptcy protection eight months ago, the Chicago-based REIT seems poised to exit its restructuring in one piece. ...
