toys-r-us

Some Toys `R' Us Stores May Be Worthless, Deutsche Bank Says

(Bloomberg)—Some Toys “R” Us stores could turn out to be worthless to commercial mortgage-bond investors. As many as 26 of the weakest properties in a 2016 commercial mortgage-bond…
buildings

Placemaking: The Process Behind Creating an Authentic Destination

When placemaking is done right, you’ll know it. A new development’s “newness” is not what will stand out, but instead, its character will reflect what already exists and the project…
map

10 Must Reads for the CRE Industry Today (March 22, 2018)

The Federal Reserve raised its key interest rate on Wednesday, reports MarketWatch. Starwood Capital Group is making a bid to acquire part of an Austrian property firm, according to Reuters. These are among today’s…
starbucks

The Starbucks View of Retail Real Estate

As retailers continue to make headlines with bankruptcy filings and liquidations, one major tenant is said to be predicting that if the current environment persists, it might permanently…
waldorf

Six Takeaways from NYU Schack Institute’s 23rd Annual REIT Symposium

The discount to NAV that public REITs are trading at—despite the strength of the private real estate investment market—was a major topic of discussion at the 23rd Annual REIT Symposium,…
kushner properties

Kushner's N.J. Trump Tower Got $200 Million Citigroup Loan

(Bloomberg)—Trump Bay Street, a New Jersey luxury apartment tower part-owned by Kushner Cos., received a $200 million loan from Citigroup, according to two people familiar with the deal. It’s…
ANN TAYLOR

Put Ann Taylor Parent Ascena on Retail Death Watch, Too: Gadfly

(Bloomberg Gadfly)—For reasons that aren't quite explicable, Ascena Retail Group Inc. tends to be left out of discussions about trouble in the specialty apparel business. Perhaps it's…
chelsea mkt

10 Must Reads for the CRE Industry Today (March 21, 2018)

Google acquired Chelsea Market in Manhattan for $2.4 billion, the Daily News reports. Nordstrom has ended talks with the Nordstrom family to take the company private, according to CNBC. These are among today’s top…
finance

CRE Finance Pros Weigh in on HVCRE Reform

Last week, the Senate passed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). Primarily, the bill aims to ensure consumer protections and adequate access to…
waldorf

Anbang's Plans for Waldorf Astoria Call for Fewer Luxury Condos

(Bloomberg)—It’s official: Anbang Insurance Group Co. has filed a plan for the luxury condos it’s developing at Manhattan’s Waldorf Astoria, and it calls for fewer apartments than…