Wednesday, November 26th, 2008
One consolation is emerging as the stocks of property companies get pounded: some firms are more willing to disclose the details of their financings.
Successes
Friday, November 21st, 2008
These days, everything has a knock-on effect. Earlier in the week, an analyst report on the potential default of a couple of commercial-mortgage deals caused a big hit to the corresponding credit market. That, in turn, has caused a selloff in the stocks of REITs.
Friday, November 21st, 2008
Fannie and Freddie suspend foreclosure sales and evictions on certain properties until January as it prepares for its loan-modification program. (Statements)
Friday, November 21st, 2008
Credit markets were at crisis levels, as investors flocked to Treasurys while dumping bonds tied to commercial real estate and corporate debt.
Friday, November 21st, 2008
The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices.
Thursday, November 20th, 2008
High fuel prices, the bankruptcy filings of Aloha and ATA, and the nationwide slump in consumer confidence have slammed Hawaii's tourism industry.
Friday, November 14th, 2008
A large unfinished project in Singapore involving Las Vegas Sands has the city-state making contingency plans.
Friday, November 14th, 2008
Stuart Rothenberg is leaving his job as head of Goldman Sachs Group Inc.'s real-estate investment division, which has raised some $26 billion for its real-estate funds since 1991.
Thursday, November 13th, 2008
The resignation of the chief executive of the world's largest warehouse developer is another sign of pessimism toward the economy.
Thursday, November 13th, 2008
The latest meltdown in shares of mall and industrial REITs underscores the concern over a sharp, global economic slowdown in the wake of more dismal news from the retail sector.
