Wednesday, October 7th, 2009
U.S. banks are slow to take losses on battered commercial real-estate loans, said a Fed report, and with low loan-loss reserves risk a replay of the bust in the housing market now hitting the sector.
Wednesday, October 7th, 2009
Office rents are falling at the fastest pace in more than a decade as vacancies create a glut and landlords slash prices to attract tenants.
Tuesday, October 6th, 2009
Colliers CRE is getting clobbered by declining revenue and is scrambling to raise new capital, a sign of how the slowdown in sales and leasing transactions is hurting real-estate service and brokerage businesses.
Monday, October 5th, 2009
Casino executives don't expect to break ground on another major building project in Las Vegas for at least 10 years.
Monday, October 5th, 2009
Erickson Retirement Communities, one of the biggest developers of comprehensive retirement communities in the U.S., is seeking much-needed new capital.
Monday, October 5th, 2009
With property prices having fallen around the world, financial adviser Dave Yeske sees opportunity in a global realty fund
Monday, October 5th, 2009
The Treasury Department plans to announce that three more investment funds will invest almost $2 billion into a federal government program to purchase soured real-estate related assets.
Thursday, October 1st, 2009
The famed Watergate Hotel in Washington D.C. is under contract to be sold by PB Capital to a venture led by Holland Development Group for about $40 million.
Thursday, October 1st, 2009
A new wave of repackaged mortgage investments, "re-remics," are emerging as banks and insurers seek to make soured securities look better.
Thursday, October 1st, 2009
Mall owner Macerich sold a 49.9% interest in two of its malls to real-estate investor Heitman in the third of three such sales aimed at raising capital to pare debt.
