Ramco-Gershenson IRS Inquiries Have Deep Implications
May 19, 2005
Ramco-Gershenson Properties Trust, a REIT with retail holdings in 13 states, is the subject of two Internal Revenue Service inquiries that presents a potential tax liability for the company, and more worrisome, threaten its status as a REIT. ...
Are Heavy Insider Sales a REIT Sell Signal?
May 12, 2005
When company insiders sell shares, there may be many reasons that have little to do with the fundamentals of the business or how executives and directors feel about the company's prospects. They may need money to pay taxes, to prepare for retirement or to buy a vacation home. ...
KKR Outs REIT
May 1, 2005, David Koch
Long admired for its knowledge of real estate, Kohlberg, Kravis, Roberts & Co. (KKR), which is part of the team buying Toys Us, is now letting investors...
New Plan Excel Down Under
May 1, 2005, Dominic Perella
The long line of REITs that have launched Australian joint ventures may be about to get longer. New Plan Excel Realty Trust Inc., a New York-based REIT...
HOW THE SMALL SURVIVE
May 1, 2005, By Marc Hequet
Simon Property Group and General Growth Properties both command regional mall portfolios in the neighborhood of 200 million square feet. In the strip...
Taubman in Asia
May 1, 2005, David Bodamer
Taubman Centers is teaming up with Morgan Stanley and hiring one of the financial services firm's top executives to greatly expand its development role...
TWO HOT HANDS
May 1, 2005, By Jennifer Popovec
After decades of consolidation, it has come to this: The mall industry is dominated by two gigantic companies, Simon Property Group and General Growth...
VORNADO TORNADO
May 1, 2005, Renée DeGross
For a company that tries to keep a low profile, Vornado Realty Trust is certainly making a lot of headlines. And most of them involve retail real estate,...
For Mall REITs, There Is More to Growth Than Retail
Apr 28, 2005
Kimco Realty Trust is joining what looks like an emerging trend for some mall developers. Seeking new growth opportunities and ways to improve earnings and shareholder value, Kimco says it is looking at places where it can redevelop some of its strip malls into residential projects. ...
KKR To Take REIT Public
Apr 22, 2005
Long admired for its knowledge of real estate, Kohlberg, Kravis, Roberts & Co. (KKR), which is part of the team buying Toys 'R' Us, is now letting investors cash in on that expertise. Friday, the private equity group filed with the Securities and Exchange Commission to conduct an initial public offering worth $835 million for its REIT, KKR Financial Corp. ...
