PHILADELPHIA-But executives aren't expecting an easy road ahead in this economy.

PHILADELPHIA-But executives aren't expecting an easy road ahead in this economy.

People looking for good news have come to the wrong place nowadays. Retail same-store sales, according to ICSC, were October's worst in 35 years. Luxury did terribly. Teen stores got hammered. Even discounters like Target and TJX Cos. had poor fairings. It's not looking good for the holiday-selling...

RADNOR, PA-The REIT won't be picking up any new assets, but management sees other parties interested in their non-core office buildings.

NEW YORK CITY-All CRE sectors have the potential for more distress, from retail to Downtown Manhattan, REBNY speakers say.

NEW YORK CITY-All CRE sectors have the potential for more distress, from retail to Downtown Manhattan, REBNY speakers say.

That's what Adam Metz, interim chief executive officer of the debt-laden mall REIT is getting in base salary and fixed bonuses, according to Crain's. Metz could also see a $1 million discretionary bonus and has options to buy one million shares. His counterpart, interim president Thomas H. Nolan Jr.,...

Circuit City has announced the shutting of 155 stores, and there could be more to come, given that the retailer is examining "all available options and alternatives to restructure its business." It is exiting 12 markets, including Atlanta and Phoenix. We thought a Circuit City salesperson in one report...