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As Vacant Office Space Grows, So Does Lenders Crisis (The Sarasota Herald-Tribune)
Rising vacancy rates across the country could make it hard for building owners to pay their mortgages.
Real Estate (Mondaq)
Many public companies, including REITs, are facing unprecedented liquidity and capital resource constraints. The continuing market turmoil has resulted in substantially increased market volatility, which in turn has nearly shut down traditional methods of raising capital.
Commercial real estate's 2008 ride was bumpy (Daily Press)
After a year of "examining," the local market is projected to take a hit from the slow economy in 2009. The region's commercial real estate market had some ups and downs in 2008.
Investors in UK commercial property will lose as much as 20% this year, according to the pricing of property ... (eFinancial News)
Investors in UK commercial property will lose as much as 20% this year, according to the pricing of property derivatives, suggesting that a recovery for the asset class is much further off than expected.
Hot Properties for Jan. 5 (Charleston Regional Business Journal)
Each Monday, Hot Properties highlights recently sold or leased properties in the Charleston region. Submissions should be sent to dailyjournal@charlestonbusiness.com .
Office Demand Is Down, and So Are the Deals (New York Times)
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings.