Operating Metrics Improve but Rental Rates Still Weak for the Regional Mall REITs
May 18, 2010
Regional mall REITs ended the first quarter on a healthy note. ...
The $6.7B Question: What’s Next for Simon?
May 12, 2010
After withdrawing its General Growth bids, Simon is still sitting on $6.7 billion in cash and credit. What will it do with all this dough?...
As Mall REITs Recover, are they Overvalued?
May 10, 2010, By Denise Kalette, NREI managing editor
In the depths of recession, after big-name retailers flipped off their lights for good, lenders everywhere warned landlords of the penalties for violating loan covenants. ...
PREIT Conducts Common Share Offering
May 7, 2010
Pennsylvania Real Estate Investment Trust conducted an underwritten public offering of 9 million common shares....
Federal Realty’s prudent strategies serve it well in a tough period.
May 4, 2010, Mike Janssen
Federal Realty Investment Trust weathered the downturn primarily by sticking with tried-and-true principles of its 42-year history. ...
Simon, Brookfield in a Stand-Off in General Growth’s Reorganization
Apr 27, 2010
The bidding war between Simon Property Group and Brookfield Asset Management over the fate of General Growth Properties appears to have reached a stalemate....
Kimco Partners With Canada Pension Plan to Acquire Prime U.S. Assets
Apr 26, 2010
Kimco Realty Corp. and the Canada Pension Plan Investment Board (CPPIB) formed a joint venture to acquire class-A neighborhood shopping centers throughout the United States....
What Drives David Simon
Mar 18, 2010, Denise Kalette
David Simon doesn't like to take no for an answer. The chairman and CEO of Indianapolis-based Simon Property Group didn't grow his company into the nation's largest public real estate firm by being a shrinking violet....
General Growth Gets Extension as Team of Suitors Continues to Grow
Mar 4, 2010
After a hotly contested hearing,Judge Allan Gropper granted Chicago-based REIT General Growth Properties a four-month extension on its exclusivity period to file a reorganization plan. ...
As Tenants Show Resilience, Regional Mall REITs Feel Confidence in the Future
Mar 2, 2010
Regional mall REITs continued to get healthy in the fourth quarter of 2009 with stable sales and improved customer traffic....
