Several large, national retailers have recently entered or expanded their reach into the market for financial services. Their initiatives have given consumers new banking and credit alternatives. At the same time, however, the new products may attract scrutiny under existing banking laws and their ultimate prospects remain to be seen. In October 2012, Walmart partnered… Continue Reading
Category Archives: Finance
Subscribe to Finance RSS FeedFamiliar Deals in Unfamiliar Contexts: Buying Retail REO Properties from Special Servicers
Posted in Finance, Real EstateAccording to Moody’s Investor Services, the retail sector was the only asset class to record an increase in its delinquency rate for Commercial Mortgage-Backed Securities (CMBS) loans in January. Negotiating the purchase of an REO property from a Special Servicer is for many a new experience, with dimensions that don’t exist when dealing with direct… Continue Reading
Retail Financing Outlook for 2012
Posted in FinanceRecognizing that aggressive promotion and extended hours drove higher top-lines this holiday season, many retailers and investors are concerned about profitability. Retail remains subject to uncertainty given factors like the tenacious unemployment rate, rising input costs, political gridlock, stock market volatility and competitive challenges from shoppers expecting enhanced experiences. However, by most accounts, the 2011… Continue Reading
Subscribe to this blog by email
Subscribe to this blog via RSS
Tax Law Roundup
Goulston & Storrs
Follow Us on Twitter
Follow Us on LinkedIn