GLG News by Sears and Kmart Real Estate Experts

While this topic has been written about from almost every possible angle, I have not seen anything as appropriate as the following summary from this nations leading real estate trade group.

In 1983 there was 29 square feet of retail space for every single person in the 54 largest U S markets. Today there is 38 square feet for every person in those same markets. One billion square feet have been added since 2000 driven in large measure by artificially cheap money and too much...

As more private-equity-backed companies file for bankruptcy protection, creditors and the companies themselves are expected to increase attacks on the financial structures used in the buyout deals.

Might the $2.61 billion CVS purchase of LDG come undone due to a dispute over real estate values? How does one gauge the value of LDG's real estate? GLG readers want to know.

Sears continues to lose money at an ever increasing rate. However its stock continues to sell at a substantial premium over far better positioned and profitable retailers such as Wal Mart and Target.  What the heck is going on? SHLD is up over 23% above its recent low on 7/15/08 showing continued...

THIS ARTICLE PROVIDES ENOUGH INFORMATION TO ALLOW AN ASTUTE OBSERVER TO MAKE SOME PRETTY ACCURATE ASSUMPTIONS ABOUT THE CURRENT MARKET VALUES OF MOST OF THE STRIP CENTER REITs. 

As Mr. Kanter has pointed out, the rating agencies have a very poor track record of predicting even tomorrow's results, much less the next ten years.  However, I submit that this is not a bad thing! I would appreciate him not drawing attention to their lousy track record because the worse they...

This analysis, as is the case with most of my analyzes for GLG News, could properly be classified under several different overly restrictive GLG News "Subjects".  It involves important impacts in "Retailing", "Finance",Stock Market Activity, and Shopping Center Real Estate(which as yet...

This article is important for at least three reasons. The first and most important is the "Domino" affect the restructuring or demise of Steve & Barry's will have on most, if not all, Mall REITs. The vast majority of their 270 existing stores are in former anchor stores that, if returned to their...

Sears stores sales down 9.8%, Kmart down 7.1%, and comp stores down 8.6%, all supposedly due to the price of gas and food. Q1:08 EPS -$0.53 v. consensus of +$0.15.   While the interim CEO, Bruce Johnson, blames outside events for the poorer-than-expected showing, he also makes a puzzling comment...