Source: www.b-eye-network.com
Canary Metrics – A New Thought Process
by Janet Kuster, MBA, PMP, Christina Rouse, Ph.D.
Originally published March 3, 2009
"Centro’s credit problems may be canary in coal mine"
Ilaina Jonas, January 2, 2008
The credit problems facing Australia’s Centro Properties Group, which owns more than 700 U.S. shopping centers, may afflict others who also used short-term debt to finance their deals… “They’re not alone,” said Bernie Haddigan, Managing Director for commercial brokerage Marcus & Millichap. “I think the pain and suffering, you’re going see more of it going through the year. The positive is most of the savvy long-term investors are saying this is going to be one of the best buying opportunities of the last 10 years.”
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