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"While the U.S. economy is emerging from recession, we still anticipate a prolonged period of declining growth for REITs and commercial real estate," said Goldman Sachs analyst Jonathan Habermann in an October research note. Habermann doesn't expect to see a significant improvement in real estate rents, occupancies and property...

Author: /time Magazine | Title: REITs and Commercial Real Estate's Victims | 10/28/2009 | See Source »

There will be casualties. But REITs with access to capital could potentially pick up properties and mortgage assets at fire-sale prices. "[Well-capitalized REITs] are going to be the most competitive out there with their access to [low-cost] capital," says Tom Bohjalian, senior vice president and portfolio manager...

Author: /time Magazine | Title: REITs and Commercial Real Estate's Victims | 10/28/2009 | See Source »

The American Repertory Theater is by no means a newcomer to Cambridge. According to Thomas S. Lee, Program Manager of Learning From Performers in the Office for the Arts, the A.R.T. was established in 1980 by Robert Brustein and gradually began to develop a relationship with Harvard undergraduates.

Author: By Maria Shen, CONTRIBUTING WRITER | Title: The A.R.T. of Theater | 10/28/2009 | See Source »

For consumers, this war looks like an obvious score. Cheap books make tidy stocking stuffers. And for the retailers, particularly Walmart and Target, the discounts may not carry too much risk. Books are just a small slice of their portfolios. "Is Walmart making money selling books at $8.99? Probably not...

Author: /time Magazine | Title: Walmart, Target, Amazon: Book Price War Heats Up | 10/27/2009 | See Source »

A wrestler and manager for the World Wrestling Federation (WWF), Albano had an outsize personality that helped lead the sport to cultural prominence. Blustery and manic, he wore rubber bands as earrings--as well as hair ties on his epic gray goatee--and was forever hitching up his too baggy...

Author: /time Magazine | Title: Lou Albano | 10/26/2009 | See Source »

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