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Leverage is like cocaine, theorizes Leo Wells, founder and president of Wells Real Estate Funds, which has invested more than $12 billion in real estate since its inception in 1984. “Everybody is going to start off as a social user, and debt is t...
As leasing activity in the retail sector appears to gradually gain momentum, some supermarket chains have recognized this as the perfect time for expansion. The recession took a toll on some traditional grocers, including Winn-Dixie and Albertsons...
A battle is raging in New York and across the country between assessors and taxpayers at odds over the market value of golf courses and their associated membership clubs...
While retailers’ requests for rent concessions have subsided considerably in recent months, they continue to pay close attention to their leases in an effort to cut costs, industry sources say. One area that holds savings potential is common are...
