May 02, 2018 | Daily Business Review
Mall Owners and Retailers Clash Over Avalanche of Online ReturnsMall owners, already squeezed by e-commerce and spending billions on property makeovers to draw shoppers, have a new headache: retailers deducting…
By Sarah Mulholland
4 minute read
September 27, 2017 | Daily Business Review
Department Stores Cling to Power Over Landlords on Mall UpgradesThe owners of the Sunrise Mall in Northern California have a vision for updating the 45-year-old center. Tenants there are making it difficult to get it done.
By Sarah Mulholland
6 minute read
April 08, 2015 | Daily Business Review
Cheap Oil Is Squeezing Property Owners in Energy HubsAnalysts expect refinancing to get more difficult in real estate markets dominated by the energy industry due to falling oil prices.
By Sarah Mulholland
5 minute read
July 07, 2014 | Daily Business Review
Junior Lenders Sue CWCapital Over Stuyvesant Town TakeoverThe lawsuit claims CWCapital kept control of Stuyvesant Town to "reap an unjust windfall" of $1 billion that should go to lower-level lenders.
By David M. Levitt, Sarah Mulholland and Christie Smythe
4 minute read
June 15, 2009 | Daily Report Online
Loan defaults feared for business propertyThe investors in bonds that packaged $62 billion of debt for U.S. offices, hotels and shopping malls are bracing for more loan defaults through 2010 as Bank of America Merrill Lynch says landlords' monthly payments may jump 20 percent or more. Principal is coming due on the so-called partial interest-only loans as an 18-month-old recession saps demand for commercial real estate.
By Sarah Mulholland
9 minute read
January 07, 2010 | Daily Report Online
Ford to sell debt through Fed as deadline nearsFord Motor Co. is relying on a Federal Reserve program to market securities backed by auto-dealer payments, showing that borrowers may still need U.S. help to issue asset-backed securities as debt markets heal.Ford's finance arm plans to issue $500 million of the so-called floorplan bonds, linked to loans that finance cars on dealer lots.
By Sarah Mulholland
4 minute read
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