Macerich and GI Partners Create Joint Venture on FlatIron Crossing
Sep 8, 2009
The Macerich Partnership, L.P., the operating partnership of Macerich (NYSE: MAC) and GI Partners formed a joint venture for Macerich's 1.4-million-square-foot FlatIron Crossing Mall in Broomfield, Colo...
Business Deals
Sep 1, 2009
Macquarie CountryWide Trust of Australia entered a definitive agreement to sell a majority interest in an 11.5-million-sq.-ft. U.S. retail portfolio to...
Beverly Hills Building Sells At Record Price
Aug 25, 2009
Lladro Realty sold an 11,333-square-foot retail building on Rodeo Drive in Beverly Hills, Calif. to Allied Golden LLC for $28 million in an all-cash transaction. The building contains 9,638 square feet of rentable retail space and is net-leased on a long-term basis to Hugo Boss...
Federal Realty Raises Funds, Hints at Acquisitions (8/17)
Aug 17, 2009
Federal Realty Investment Trust (NYSE: FRT) closed on $265 million in capital raised through previously announced debt and equity offerings. The company sold $150 million in 5.95 percent senior unsecured notes and $115 million in common shares...
Business Deals
Jul 1, 2009
Prudential Mortgage Capital Co. closed a $103 million loan for a portfolio of properties owned by Weingarten Realty Investors...
Federal Realty Closes $372M Loan (5/8)
May 8, 2009
Federal Realty Investment Trust (NYSE: FRT) closed a new $372 million unsecured term loan facility...
Business Deals
May 1, 2009
Faris Lee Investments arranged four sales totaling $8.2 million in Moreno Valley, Calif...
Kimco Lines up $220M Financing (4/24)
Apr 24, 2009
Kimco Realty Corp. entered into a $220 million unsecured term loan with a consortium of 12 banks, including the Bank of Nova Scotia, Royal Bank of Canada, PNC Bank, Bank of America, N.A. and Wells Fargo Bank NA, among others...
Deal of the Week (4/17)
Apr 17, 2009
As part of General Growth Properties' bankruptcy filing, the company secured a $375 million debtor-in-possession (DIP) loan from Pershing Square Capital Management, L.P....
Deal of the Week (4/3)
Apr 3, 2009
Macerich Co. received a commitment for a $205 million refinancing of North Bridge Center in Chicago...
