Commercial Real Estate Finance

Posts Tagged ‘shopping malls’

In a recent article in the Wall Street Journal it is suggested that while malls and office parks have suffered from the real estate swoon that has been talked to death at this point, there is a sector of commercial real estate that really has not been hit all that hard.  And it isn’t some niche asset class like medical office buildings or student housing, but rather a class of commercial assets defined by their lease structure, rather that the type of tenant they house. Read the rest of this entry »

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Last week I introduced a Canadian REIT CEO as the first Mensch of the Week. Keeping with the REIT theme, I do hereby officially name the late, great founder of Pennsylvania Real Estate Investment Trust (PREIT), Sylvan M. Cohen as our Mensch of the Week. Although Mr. Cohen is no longer with us, his company most certainly is as they made headlines on May 11 for celebrating PREIT’s 50th birthday. A day earlier PREIT raised $160.6M in an offering of common stock. In keeping with  a REIT’s leverage common leverage structure, PREIT plans on using all of the proceeds to pay down debt on its outstanding 2010 credit facility. Read the rest of this entry »

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Does “Green” Translate into $Green$?

Will Upgrading Properties Lead to Increased Returns?

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The Week of January 2-8

- Just in case you hadn’t heard, the Burj Dubai was completed this week.

- On this side of the Atlantic, the former “Freedom Tower” is on the market.

- Is NYC real estate undervalued? 6 REITs tend to think so.

- Just 4 days into 2010, the loom and doom predictions for CRE are dragging into 2011.

- Property owners sued Credit Suisse for $24 billion in an attempted loan-to-own scheme.
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