Daily News – September 29, 2009
Here are the news stories you might find interesting today: Barneys brings Southwestern touches to new store Barneys New York is preparing to open its first Arizona store and adding Southwestern touches to offer customers a more familiar feel. The Scottsdale location incorporates references to the designs of local architects and sunset colors, in addition […]
Daily News – September 28, 2009
Here are the news stories you might find interesting today: Experts: Commercial real estate values must hit rock bottom Property values will not hit bottom until 2011 or 2012, a speaker predicted at the ICSC Capital Markets Conference in New York City. Once that happens, banks and other lenders can reset rents and recovery will […]
Daily News – September 25, 2009
Here are the news stories you might find interesting today: To view the Apartment Market Webinar I listened to yesterday, click here. The pattern of distressed opportunities is going to be more of a trickle vs what was seen in the 1990s during the RTC; however, properties are starting to see multiple offers. If you […]
Daily News – September 24, 2009
Here are the news stories you might find interesting today: To view this week Costar Watch List, click here. There are a couple good articles on the number of distressed assets. According to the report there are over 400 shopping centers in distress. Macerich Refinances Biltmore Fashion Park PHOENIX-The 548,000-square-foot mall is the retail heart […]
Daily News – September 23, 2009
Here are the news stories you might find interesting today: Petrus Partners Filling Up on Residential Lots GOODYEAR, AZ-Heretofore an investor in office and industrial properties, the New York City-based firm acquires 163 finished lots here at auction, taking its total to 1,380. View article… E.V. shoppers await Barneys opening Oct. 15 Affluent shoppers in […]
Daily News – September 22, 2009
Here are the news stories you might find interesting today: FORMER PULTE EXEC STARTS HOME BUILDING FIRM . . . BUYS PROPERTY FOR FIRST SUBDIVISION Phoenix – Mike Nuessle, a long time Valley builder, has formed MPC Homes to construct entry level and move up housing in the Phoenix area. Nuessle, who served as div. […]