After City Center, Architects Face New Reality
January 6th, 2010Las Vegas’s over-the-top City Centre marks a peak for design firms as high-profile jobs fall by the wayside.
Commercial Real Estate in 2010: Weak Fundamentals and Constrained Liquidity
January 6th, 2010The outlooks for the New Year have begun coming in and a review of year-end forecasts for 2010 show that many commercial real estate industry watchers remain fearful of weak fundamentals and constrained liquidity. Yet, they also reveal some optimism in…
Bank Watch: GMAC Looks To Exit Real Estate Finance Business
January 6th, 2010GMAC Financial Services took a series of actions intended to cut its losses from its real estate lending activities and get out of that business; the actions include exploring strategic alternatives for its Residential Capital LLC (ResCap).
GMAC also…
Big-Name Investors Pounce
January 6th, 2010Big-name investors have swooped in on two high-profile commercial real-estate assets in a sign that activity is returning to the investment-property market.
Phoenix’s CityNorth Heads for Foreclosure
January 6th, 2010CityNorth, the ballyhooed retail project planned in northern Phoenix’s affluent suburbs by Related Cos. and Thomas J. Klutznick Co., is the target of a foreclosure filing.
Mixed Views on Hotel REITs
January 6th, 2010Stocks of real-estate investment trusts that own hotels staged a sharp rebound late last year. Whether the heady performance of hotel-REIT stocks is warranted is subject to debate.
REITs Look to Return to Retail Roots
January 6th, 2010The fast-money crowd has been moving more heavily into REITs, replacing small-time investors as the industry’s major shareholders. Then dividends fell and volatility rose. But companies are vowing to win back the little guy.
Big-Name Investors Start to Pounce
January 6th, 2010Big-name investors have swooped in on two high-profile commercial real-estate assets in a sign that activity is returning to the investment-property market.
Shopping Center Receiverships and Foreclosures Usher In New Year
January 6th, 2010The retail real estate industry was jarred over the recent string of receivership and foreclosure news involving major shopping centers — which was unsettling at a time when the industry was hoping for positive news on consumer spending during the recent…
Rebranded Colliers International Moves Further From Network Roots
January 6th, 2010The big news this week that Colliers International and FirstService Real Estate Advisors will join their U.S. and global operations together under a single platform, doing business as Colliers International in 61 countries, was followed almost immediately…
