CONTENTS
Volume 63 • Number 5 • 796th Issue • May 2008
FEATURES
page 40
40 CoverStory
Needs vs. Wants
In the retail market today, there is a clear
distinction between those sectors that are
still doing well and those that aren’t
46 RetailUpdate
Economic Headwinds
Send Leasing Off Course
As consumers tighten their purse strings,
more retailers are putting growth plans
on hold and that could spell trouble for
landlords
By Danielle Douglas
HOTEL
PERSPECTIVES
55 Hotel News Watch
Lower deal volume expected in
’08. Kimpton launches third
acquisition fund.
56 Recession Fears Haven’t
Dented Hotel Pipeline
Supply continues to grow in the
face of an economic slump. But
the experts say overbuilding is
not a concern, even as demand
softens.
By Maria Wood
33 DevelopersForum
Building for the Boomers
Demographic trends are working in favor of
niche segments of the multifamily market,
namely student and seniors housing
By Sule Aygoren Carranza
64 Hotel Confidential
Operators will face many
challenges as economy
continues on downswing
By Rick Swig
page 33
NEWS
8 Global Digest
Global capital targeting emerging markets.
ProLogis launches JVs in Middle East,
India.
12 News Wrap
Associations say separate ratings not
needed for structured finance. Robinson,
Weeks form company. Maguire CEO
proposes restructuring plan.
DEPARTMENTS
23 Deals & Dealmakers
Caruso to finally open contested $400-
million project. Petco finds shelter in
Northwest Atlanta. NHP closes second
phase of $2-billion medical office deal.
Capmark secures $110 million for
multifamily portfolio.
66 Advertisers Index
68 Executive Notes
Citi names global real estate head
COLUMNS
4 Editor’s Page
Retail takes a breather
By Cynthia J. Hoffman
10 International Beat
Post credit-crunch Germany provides
investors value-oriented opportunities
By Rainer Thaler
32 Economic Outlook
Recession still up for debate, but market
could be nearing bottom
By Rocky Tarantello
page 23
REPRINTS [PRINT & DIGITAL]
WWW.REMREPRINTS.COM
410.571.5893
54 Legislative Update
For industry, leasehold depreciation,
carried interest top list of concerns
By James A. Peck
SUBSCRIPTIONS & BACK ISSUES
CUSTSVC_REFORUM@FULCOINC.COM
877.506.3085
