Amid the slowing economy, flagging housing market and unfolding credit crunch, neighborhood and community center REITs posted lackluster results during the third quarter, suffering as consumers reined in spending. Still, the sector as a whole is...
This year was supposed to be the coming-out party for the commercial real estate collateralized debt obligation (CRE CDO) market. After topping $35 billion in issuance in 2006, expectations were the market would nearly double to $60 billion this...
The commercial mortgage market faces one of its toughest credit climates in more than a decade. The most complex corners of the securitized mortgage market are getting hammered. Products that flew off shelves 12 months ago now are piling up: As of...
When the mother of all privatization deals was announced in November 2006, it rocked Wall Street and the REIT industry. A proposed buyout of Equity Office Properties Trust (EOP) by The Blackstone Group, a $20 billion deal not including debt, would...
While an ongoing housing correction has depressed residential land prices by more than 30% in some parts of the country, commercial property values are moving in the opposite direction, say experts. Such a substantial jump in commercial land...