Gymboree, laboring under more than $1 billion in debt from its Bain buyout in 2010, warned last month that it’s running short on cash and may not survive if it can’t persuade creditors to refinance its debt.
Green Street’s advisory group currently spends about half its time working with retailers, retail real estate owners and investors in commercial mortgage-backed securities bonds that are typically collateralized by malls.
If San Francisco Federal Reserve Bank President John Williams has his way, there could be up to four interest rate increases this year, Reuters reports. Geopolitical uncertainty is one of the themes accounting for the recent drop in 10-year Treasury yields, according to Business Insider. These are among today’s must reads from around the commercial real estate industry.
Key Accounts Manager/New England and Canada Matt Butcher
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The rankings for the top office owners are based on the volume of office space owned globally as of Dec. 31, 2016.
Respondents ranked CBD buildings and suburban properties as nearly equally attractive (51.1 percent for CBD and 48.9 percent for suburban).
According to a new report by ratings firm Fitch, the U.S. REIT sector has seen a “significant” increase in commercial bank borrowing in recent years.
If San Francisco Federal Reserve Bank President John Williams has his way, there could be up to four interest rate increases this year, Reuters reports. Geopolitical uncertainty is one of the themes accounting for the recent drop in 10-year Treasury yields, according to Business Insider. These are among today’s must reads from around the commercial real estate industry.
