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Pinnacle Bank buys back Fort Worth office tower for $12 per sf Pinnacle Bank buys back Fort Worth office tower for $12 per sf “Multifamily is in the crosshairs”: Execs talk distress, opportunities at Milken conference“Multifamily is in the crosshairs”: Execs talk distress, opportunities at Milken conferenceBlackstone sells huge industrial portfolio in NYC, NJBlackstone sells huge industrial portfolio in NYC, NJGoldman Sachs and Ballast ready to surrender SF apartments to lenderGoldman Sachs and Ballast ready to surrender SF apartments to lender
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Some REITs to struggle, others to prosper

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Real estate investment trusts with lots of cash, small development pipelines and little debt are most likely to do well in 2009, because they will be able to acquire assets inexpensively. REITs loaded with debt will have a harder time in the coming year unless the credit freeze ends. The Wall Street Journal looks at a few REITs, including mall owner Simon Property Group, and their potential fates in 2009.