If Not a City, Then What?
December 23rd, 2009With its fine art and glimmering architecture, the massive new CityCenter in Las Vegas could stand as a lesson in decoration, design and urban planning.
Brisk Bidding for Failed-Bank Loans
December 23rd, 2009Investors are jostling for the chance to buy a $1.1 billion package of commercial real-estate loans extended by failed banks, as these once-toxic assets attract growing interest.
Europe Property Rebound Faces Bumps
December 23rd, 2009There is no doubt that European property stocks have come charging back this year. But as any investor knows—past performance isn’t a guarantee of the future.
CoStar’s Retail News Roundup: December 2009
December 23rd, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at electronics chains; closings, cutbacks, defaults, or bankruptcy news at General Growth, The Walking Company, USPS, Joffco Square, auto dealerships, and Bully Sports Bar…
CoStar’s Retail News Roundup: December 2009
December 23rd, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at electronics chains and Dollar General; closings, cutbacks, defaults, or bankruptcy news at General Growth, The Walking Company, USPS, Joffco Square, auto dealerships, and…
European Property Rebound Faces Bumps
December 22nd, 2009There is no doubt that European property stocks have come charging back this year. But as any investor knows—past performance isn’t a guarantee of the future.
Commercial Prices Now 43.7% Off Peak
December 22nd, 2009The Moody’s/REAL Commercial Property Price Index declined 1.5% in October from September. Based on the index, prices for commercial real estate were 36.4% lower than in October 2008 and 43.7% below the peak measured in October 2007
Outlets Sale Saves David Lichtenstein
December 22nd, 2009Selling the chain of outlet centers is giving New York investor David Lichtenstein the cash to bail himself out of his worst deal ever: the top-of-the-market purchase of Extended Stay.
Africa Israel to Cut Debt on NYT
December 22nd, 2009Africa Israel Investments said it has reached a deal with its creditors to reduce its debt on the New York Times Building in Manhattan by about 60% to $267 million from $652 million.
Chapter 12: A New Identity
December 22nd, 2009Investors who bought a 341-room Sheraton hotel in downtown Orlando, Fla., in November plan to convert it next month to Sonesta International Hotels’ first franchised property in the U.S.
