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Archive | February, 2009

Hey Retail Investors….Did You Get Your Letter Yet?

Friday, February 20, 2009

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Hey Retail Investors….Did You Get Your Letter Yet?

You walk to the mailbox. Inside is a letter from one of your tenants. Expecting a check? You tear it open, skim it, get that sinking feeling, and then re-read it line by line to see if what it says is really true...

Going out of Business: The Breakdown of a Relationship

Thursday, February 12, 2009

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by Lisa Carpenter: As Valentine’s Day approaches, it occurs to me that the relationship between an owner and their building is like a love affair. In good times, it’s easy to get along. The owner is doing his part by managing operations and the tenant is doing her part by paying rent – a [...]

Boston Commercial Real Estate Gains from 2005-2007 Wiped Clear in 2009?

Thursday, February 5, 2009

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Boston Commercial Real Estate Gains from 2005-2007 Wiped Clear in 2009?

Property & Portfolio Research has published some mean numbers that indicate that we're going to be in for a wild ride over the next couple of years in the Boston area commercial real estate market. As much as what I hear around town is a false sense of hope and security that this will blow over soon and we'll get back to prosperous times again, it looks like the coming storm is going to get nasty.

Boston Landmark Faneuil Hall in Foreclosure?

Wednesday, February 4, 2009

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Boston Landmark Faneuil Hall in Foreclosure?

Maybe – maybe not but the owner, General Growth, appears to be on the ropes. General growth owns more than 200 malls and other properties across the country one of which is our own Faneuil Hall. General Growth has been facing a slew of problems, not the least of which are hundreds of millions of [...]