Financial Health Key to Pier 1 Imports’ Longevity
Sep 29, 2009, Elaine Misonzhnik
In this time of uncertainty, when many retailers are still trying to figure out strategies for long-term survival, home furnishings seller Pier 1 Imports is an unlikely source of inspiration...
New IRS Regulations Might Contain CMBS Defaults, but Won't End the Commercial Real Estate Crisis
Sep 22, 2009, Elaine Misonzhnik
As property owners holding commercial mortgage-backed securities (CMBS) funded loans have attempted to address financing concerns over the past 12 months, many have complained of the impossibility of getting special servicers on the phone....
Ramco-Gershenson Opts To Stand Alone; Continues Push to Deleverage
Sep 9, 2009, by David Bodamer
In the latest development in an eventful year for Farmington Hills, Mich.-based Ramco Gershenson Properties Trust, after completing its review of potential strategic and financial alternatives, the firm is opting to remain a stand-alone entity...
Lawyers See GGP Court Ruling Regarding Special Purpose Entities as an Isolated Occurrence
Aug 25, 2009, By Elaine Misonzhnik
A recent ruling in the General Growth Properties bankruptcy case has rattled lenders as some industry insiders fear it might make it easier for real estate owners to bend bankruptcy rules at the expense of their financiers...
Falling Sales Mean Potential Trouble For Regional Mall REIT Players (8/11)
Aug 11, 2009, By Elaine Misonzhnik
Regional mall REITs appeared to end the second quarter on a high note, with at least three firms outperforming consensus analyst estimates by a range of $0.03 per share to $0.08 per share...
Shopping Center REITs Address Liquidity Concerns and Land on Firmer Ground in Second Quarter (8/4)
Aug 4, 2009, By Elaine Misonzhnik
Shopping center REITs are posting solid performances for the second quarter of the year and have shown a marked improvement in leverage levels—the main area of concern for analysts over the past 24 months...
Panel: Government Programs Need More Time and Details to Help Commercial Real Estate (7/28)
Jul 28, 2009, By Elaine Misonzhnik
It seems the Obama administration's efforts to help the commercial real estate industry might be beginning to pay off...
Wary Of Realizing Losses, Lenders "Pretend and Extend" (7/14)
Jul 14, 2009, By Elaine Misonzhnik
Two new phrases have entered the commercial real estate industry lexicon in recent months: "Pretend and extend" and "A rolling loan gathers no loss"...
Funding Demand From REITs Might Spur Interest In TALF For New Loans (6/23)
Jun 23, 2009, By Elaine Misonzhnik
News that Developers Diversified Realty, one of the largest REITs in the retail sector, is considering using the Term Asset-Backed Securities Loan Facility (TALF) program to secure up to $600 million in loans might help the program gain popularity...
Retail Property Sellers Opt to Offer Financing to Get Deals Done (6/11)
Jun 11, 2009, By Hortense Leon
Some property owners have gotten creative and begun to finance shopping center sales themselves...
