GLG News by Sears and Kmart Real Estate Experts
Analysis of:
Lending Squeeze Hits Ailing Firms (online.wsj.com)
Sharper Image, Bon-Ton, Lillian Vernon, Buffets Holdings Inc., Gottschalks and several other retailers are in serious financial trouble according to this article, because of the current credit squeeze. I am suggesting that the current credit squeeze has played a very small roll in accelerating...
Analysis of:
Tesco's Not Hitting Its Goals (blog.retailtrafficmag.com:80)
Only two days after announcing the opening of their 50th store in California, the British invasion of Tesco stores has been found to have very serious problems. After successfully demonstrating a powerful real estate and operations achievement with the opening of so many stores in such a short time...
Analysis of:
Regional Mall REITS Anchored In Choppy Water (retailtrafficmag.com)
Wall Street worries about the recession's impact on mall REITs are discussed in this article and found to be groundless. The article compiles recent Conference Calls with the CEOs of the leading mall REITs and concludes that once again the leading financial analysts have misread their tea leaves where...
Analysis of:
Home Woes Lead Wickes to Chapter 11 (www.chicagotribune.com)
Another national chain furniture retailer, recently acquired by a hedge fund, bites the dust! What the heck is going on? Only a few months into the current recession and just beginning to feel the effects of the bursting of the housing bubble, several old line major furniture retailers have...
Analysis of:
Sears' turnaround plan short on details, long on odds (www.chicagotribune.com)
Three or four very smart financial analyst from major financial institutions have been writing about the likelihood of "breaking up" Sears as discussed in this article. I have not yet seen as thorough nor candid analysis as this Chicago Tribune article and as such, I am recommending it to...
Analysis of:
Birth, Death and Shopping (www.economist.com)
This article is not at all important! It is a feeble excuse for a half baked promotion and/or book review about the life of an eccentric architect who was one of the first designers of enclosed regional malls. The article is an inaccurate and highly slanted commentary about...
Analysis of:
Sears' turnaround plan short on details, long on odds (www.chicagotribune.com)
In my opinion, this is the first newspaper article or financial analysis of any kind that has finally "gotten it right"! The reporters did a very professional research job, (including calling GLG to talk to some of their "experts" under GLG's new media arrangements), and put...
Analysis of:
Sunflower Market on Clybourn Closing (www.chicagobusiness.com)
SuperValue owns some of the finest and most dominant local grocers in the country. They opened their first Sunflower store in January of 2006 and announced they intended to open 50 more over the next five years. These stores were a slightly smaller organic format designed to be competitive...
Analysis of:
Carrefour Shelves Spinoff Due To Market Woes (www.realestatejournal.com)
Is "Market Woes" the real reason for this rather unusual about face ? What really went on in Carrefour's board room to convince the impatient hedge funds to back off from their insistence on increasing the debt load? It seems to me that it was being done just to satisfy some greedy short term investors....
Analysis of:
Saving Sears Doesn't Look Easy Anymore (www.nytimes.com)
While this may seem like "piling on" with so many analysts and financial writers suddenly waking up to "bursting" of the Sears "bubble", not one of them have yet acurately addressed the underlying factors that account for their sudden down grading of their real estate portfolio. My following...
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Most Popular Real Estate News
Expert Analyses | Source Article
online.wsj.com
REIT Rebound Hinges on Credit Thaw, Recession's Depth
www.nytimes.com
As Vacant Office Space Grows, So Does Lenders’ Crisis
blog.retailtrafficmag.com:80
Projection: Up To 3,000 Retail Properties to Close
www.bendbulletin.com
Deschutes County defaults up 228% in '08
www.propertyfundsworld.com
German real estate industry suffers from financial crisis
January 7, 2009
Is Anybody Home?
January 6, 2009
Its All About the Fundamentals
December 29, 2008
Fundamentals Ignored During Boom Times
December 28, 2008
Re-Constructing the Economy of realestate
December 28, 2008
No Surprise, The Bubble Has Burst