Kris Hudson
Real Estate Reporter, Wall Street Journal
- Business and Finance, Metro Dallas, Real Estate
- Dallas, Texas
About
Kris Hudson reports on hotels and shopping centers from a real estate perspective for the Wall Street Journal.
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Twister Survivor Takes Shelter in Closet on.wsj.com/185zlYd via @WSJ
Twister Survivor Takes Shelter in Closet
online.wsj.com — Barbara Gonzalez, who was among those rescued after the storm, recalls watching the massive tornado as it moved away from the collapsed closet in which she had sought shelter, a four-foot shard of wood impaled in her left leg.
w/ @craigkarmin #StarwoodCapital in talks to buy 7 #malls from #Westfield on.wsj.com/13Gi8O7 via @WSJ
Starwood Capital Goes Shopping for Malls
online.wsj.com — Starwood Capital Group is in talks to buy seven U.S. shopping malls from Westfield Group for more than $1 billion, a deal that would mark the latest in a flurry of big-ticket acquisitions of retail property. Starwood's talks with Westfield aren't yet in the final stages and still could collapse, according to people familiar with the matter.
CoStar's Mulvee, #ULI: W/o those vacancy-plagued centers, remaining stock quite healthy. "Want 2 fix retail? Get rid of those dead centers."
CoStar's Mulvee at #ULI: 20% of retail centers today have vacancy of 20%. And 7.5% have 40%+. "Those r broken. They're not coming back."
S. Mulvee at #ULI: "In next 2 yrs, we're going 2 get back 2 a sf-per-capita level that we last saw in '04. Still high, but much healthier."
CoStar's Mulvee at #ULI: Now, dearth of retail construction "is dropping that square feet per capita #. Trade areas are getting stronger."
Retsinas on Fred&Fan: "The (best) argument we have on Capitol Hill is how scandalous status quo is. We've bn in receivership fr 5 yrs."#ULI
Retsinas on Fannie & Freddie's huge profits, which some in govt favor: "We don't think it makes sense. We think it is temporary." #ULI
Harvard's Nic Retsinas at #ULI: US shld create public gaurantor to take explicit responsibility 4 catastrophic risk & charge 4 it.
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