Retail madness

So in case you missed it.  A pretty sizable default of buildings at the South Side Works.  PBT: Soffer Organization defaults on three core SouthSide Works properties

An inkling of that was apparent long ago.    I guess the thing that I wonder about is why nobody ever poked much into the state of retail . . . → Read More: Retail madness

Fannie Mae & Freddie Mac in Trouble

Most people living in the US are fully aware that we are currently in the middle of a crisis. What kind of crisis is a more slippery sort of topic, but even the most optimistic (read: delusional) pundits tend to agree this crisis has something to do with money, and that it started a . . . → Read More: Fannie Mae & Freddie Mac in Trouble