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March 21, 2013
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  • Retailers face challenges spinning off properties into REITs
    J.C. Penney would find spinning its stores into a REIT structure a challenge, writes Elaine Misonzhnik. Other retailers have considered the model and decided it wouldn't work. One issue is that its stores would have a sole tenant, which is not appealing to investors. There are other ways to monetize a retailer's real estate holdings, she writes. National Real Estate Investor (3/2013) LinkedInFacebookTwitterEmail this Story
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  Policy Watch 
  • Fed still sees growth as sluggish
    The Federal Reserve will not change monetary policy, remaining committed to keeping interest rates low through 2015 and voting 11-1 to maintain short-term interest rates at close to zero. The Fed sees the economy growing between 2.3% and 2.8% this year, with unemployment dropping from its current 7.7% level to between 7.3% and 7.5%. CNNMoney (3/20) LinkedInFacebookTwitterEmail this Story
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A community is like a ship; everyone ought to be prepared to take the helm."
--Henrik Ibsen,
Norwegian playwright


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