Economic Meltdown
Centro, GGP Find Ways to Hang On (12/3)
Dec 3, 2008 12:52 PM
Although the threat of bankruptcy continues to hang over Chicago-based REIT General Growth Properties and Melbourne-based listed property trust Centro Properties Group, both embattled firms have managed to dodge that fate thanks to recent moves. ...
New York City’s Cooling Market (12/2)
Dec 2, 2008 10:56 AM
The National Bureau of Economic Research officially declared on Monday what most pros in the retail real estate industry had already come to accept—that the United States economy has dipped into a recession. ...
Store Closings Could Double in 2009 (11/5)
Nov 5, 2008 2:06 PM
Circuit City’s announcement Monday that it was closing 155 stores, or 21 percent of its 721 U.S. locations....
Shopping Center REITs Headed Down (11/12)
Nov 12, 2008 1:25 PM
Shopping center REIT performance continued to erode during the third quarter. Nearly half the shopping center REITs missed analyst estimates and several lowered their guidance for the remainder of the year. ...
The End of Investment Banks?
Nov 1, 2008 12:00 PM
It's the end of an era. The big Wall Street investment banks that survived two World Wars, the Great Depression and the Asian financial crisis were taken...
Bleak Outlook for 2009 . . .and 2010
Nov 1, 2008 12:00 PM, By David Bodamer
Hoping for a quick turnaround in the retail real estate sector? Don't bet on it. That's at least the opinion of more than 700 commercial real estate experts...
Store Closings Could Double in 2009 (11/5)
Nov 5, 2008 2:06 PM
Circuit City’s announcement Monday that it was closing 155 stores, or 21 percent of its 721 U.S. locations....
Real Estate Trade Groups Favor McCain Economic Policies (10/29)
Oct 29, 2008 11:52 AM
While commercial real estate associations cannot endorse presidential candidates, that isn’t stopping them from monitoring and assessing Sen. John McCain and Sen. Barack Obama’s prospective economic policies. ...
Industry Backed Bailout, But Will it Help? (10/8)
Oct 8, 2008 2:58 PM
After the House of Representatives surprisingly voted down the bailout bill early last week, nearly 20 commercial real estate groups jumped into action...
Could General Growth Be Sold?
Oct 1, 2008 2:37 PM
As the credit crisis drags on, debt-ladened General Growth Properties, the nation’s second largest regional mall REIT, may have no other choice than to sell the company. ...
Editor's Letter: When the Wall (Street) Comes Down
Oct 1, 2008 12:00 PM, By David Bodamer, Editor-in-Chief
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...
Lehman, Merrill Commercial Real Estate Assets Expected To Be Sold
Sep 24, 2008 11:14 AM
With the credit markets seized, the avalanche of bad news surrounding investment banking giants Lehman Brothers and Merrill Lynch and insurance provider AIG has caused a state of panic in the commercial real estate industry....
U.S. Market Turmoil Drives Interest in Global REITs
Sep 17, 2008 12:07 PM
Global REITs could provide a safe haven during turbulent economic times in the U.S., according to Boston-based Torto Wheaton Research. ...
