Retail Real Estate Braces for Pricing Drop
Sep 19, 2007
The retail real estate industry feared this moment for the past three years, but everyone knew it would come. The first hints arrived early this summer, when class B and C retail assets started trading at cap rates higher than 7 percent, above last year's sector-wide average of 6.9 percent. The reported increases ranged from 30 to 100 basis points, depending on the region. ...
Bye-Bye Buy-Outs
Sep 1, 2007, By Elaine Misonzhnik
Suddenly those barbarians don't look quite so more than two years private equity firms were titans of capital, raising mountains of cash and seemingly...
Rally 2012
Sep 1, 2007, Riccardo A. Davis
Over the next five years the global real estate market is on pace to grow by nearly one half to $13.7 trillion according to a report in August by RREEF,...
Miami's Sizzle is Fizzling
Aug 1, 2007, By Elaine Misonzhnik
During the recent construction boom, nowhere was the trend of converting older properties into new condominiums more prevalent than in Miami. As prices...
Buccing a Trend
Aug 1, 2007, By Patricia L. Kirk
The bursting of the housing bubble has hit Florida hard, but that has not slowed one of the fastest-growing sections of one of the fastest-growing states...
Combined Funding
Aug 1, 2007, Elaine Misonzhnik
Privately-held shopping center developer Combined Properties, Inc. is teaming up with asset manager Heitman to purchase up to $200 million worth of shopping...
Staking Claim Down South
Aug 1, 2007, By Anne Field
A decade ago, when many U.S. retail owners and developers were first looking beyond U.S. borders for expansion opportunities, Latin America was a hot...
Investor Pursues New Strategy in U.S. Market
Jul 25, 2007
As the competition to acquire real estate assets intensifies, a former foreign-backed U.S. investment and management company has partnered with a domestic ally to fund $850 million in acquisitions of commercial real estate at home. ...
DDR/Edison Deal Marks Shift in Retail Property Pricing
Jul 5, 2007
Developers Diversified Realty Corp. last week announced the sale of 63 properties to Phillips Edison & Co. in a $603 million deal that was noteworthy for more than just its size...
Kimco, UBS Team Up
Jul 1, 2007, By Elaine Misonzhnik
New Hyde Park, N.Y.-based Kimco Realty Corp. continued the recent trend of REITs forming joint venture partnerships as a way to pursue acquisitions. In...
