How To Increase Your Stock Price And Ruin Your Company
November 20, 2009
Sears shelling out---for own stock | www.chicagotribune.com
Mr. Lampert, for the fifth straight year, has again gained the record for spending far less on his store's improvement and maintenance needs than any of his 13 major competitors, while at the same time, spending far more on buying back his own company stockthan any other retailer.
Is This Mr. Lampert's 8th or 9th Life?
November 19, 2009
Sears Narrows Loss, Beats Estimates but Stock Falls | www.chicagobusiness.com
A flurry of articles have come out in recent days seemingly to diffuse the continuing failures of Mr. Lampert's prize holding. This article deals with the "surprise" caused by the losses being slightly less than expected. The others deal with the various new ventures Mr. Lampert has announced in his continuing efforts to slow SHLD's decline into oblivion.
A Happy Thanksgiving for Las Vegas
November 18, 2009
NEVADA ECONOMY: State showing some life at last | www.lvrj.com
This year, October data could make Thanksgiving a happy holiday for Las Vegas real estate professionals.
October 20, 2009
ECONOMIC INDEX NOW POINTING POSITIVE | www.lvrj.com
In a week in which Las Vegas learned the local unemployment rate had skyed to 13.9% … passenger traffic at McCarran Airport slid 1.2% … and Nevada bankruptcy filings jumped 64% in the last nine months …. September housing market data actually comes as relatively good news. At worst, Las Vegas is scudding along a bottom like a sailboat on choppy water. At best, it may be in recovery. The key statistics: Prices appear stable. Inventory is still dropping. Sales continue to be strong.
So The Sky Isn't Falling Quite Yet
October 15, 2009
Store Closings Likely To Peak in First Half of 2010 | www.printthis.clickability.com
Year-to-date , the U.S. retail industry saw 3.408 store closings, according to the ICSC. The number of closings is far short of the 10,000 to 12,000 closings many experts projected in late 2008. However this article indicates that 2010 may yet turn out to be even worse.
If Borders Can't Make It Here, They Can't Make It Anywhere
October 14, 2009
Borders Renews Lease At 830 North Michigan Ave. | www.chicagorealestatedaily.com
Borders flagship Chicago store has long been rumored to be in trouble and not likely to exercise its' renewal option. It now has renewed but only for one year.
The Jury Is Still Out On General Growth
October 8, 2009
General Growth's Cap RatesEstimates Are Getting Interesting | seekingalpha.com
As a result of a Goldman Sachs presentation in late September which featured a close comparison to Simon Properties implies cap rate of 7%, the author is stronglyugly suggesting that GGP is starting to look like a bargain.
A Blight On the Taubman REIT's Glamorous Image
September 30, 2009
Taubman May Turn Over Atlantic City Mall To Lender | blog.retailtrafficmag.com
Taubman Co. is generally considered to be among the "best and brightest" of Mall REITS. If they are acknowledging serious problems with some of their properties, what must this portend for other REITs that have been assembled with far less dominant locations and/or retailers?
September 24, 2009
Savvy Retailers Snatch Leases Out Of Other Chains Bankruptcies | www.printthis.clickability.com
This article presents a common industry practice as being newsworthy and in the process, gets it all wrong. The practice of retailers taking over other failed retailer's locations has been going on since time immemorial. I guess it was a slow news day.
Foreclosures: The Key to the Real Future of Las Vegas
September 21, 2009
New Homes Back in Play for Las Vegas Buyers | www.lvrj.com
Las Vegas housing statistics for August continue to suggest that the residential market is scudding along a bumpy bottom, struggling to find stability in sales, inventory and pricing.But the big story in the August data for the Las Vegas residential market can be summed up in a single word: Foreclosures.
Who is kidding who regarding a recovery in commercial real estate
October 18, 2009
U.S. Helps Commercial Real Real Estate Lenders Pretend and Extend
October 15, 2009
The Jury Is Still Out On General Growth
October 8, 2009
FDIC to create value "mark" by selling Corus portfolio
September 24, 2009
The Condo-Hotel Gone Bad: A Particular Corner of Hell
August 24, 2009