CoStar

Is retail in trouble? The answer certainly varies depending on who you ask and how they define retail. According to a Bloomberg report, there could be more than 8,000 store closures in 2017, which would surpass 2008's peak of around 6,200. Most recently, Payless Inc. said it will close hundreds of...

BMO Capital has downgraded UDR, Inc. (NYSE: UDR) shares from an Outperform to Market Perform rating, citing the slow pace of growth in the multifamily rental sector. The firm thinks this could put pressure on the outlook for the 2016&ndah;2017 period. Therefore, the target price has also been...