GGP Plans to Exit Chapter 11 Without Major Sell-Offs, but Merger Talk Persists
Dec 8, 2009
Just as many industry observers predicted when General Growth Properties filed for Chapter 11 bankruptcy protection eight months ago, the Chicago-based REIT seems poised to exit its restructuring in one piece. ...
GGP’s Extension Feat Bodes Well for Industry
Dec 1, 2009
General Growth Properties’ feat of reaching an extension agreement on a large portion of its maturing loans bodes well for the retail real estate industry going forward, according to observers. ...
Leasing Demand Improves for Shopping Center REITs in the Third Quarter
Nov 17, 2009
After months of scrambling for tenants, shopping center REITs reported a rise in leasing activity in the third quarter....
Equity One Enters New York with Acquisition of Westbury Plaza
Nov 13, 2009
Equity One Inc. closed on the acquisition of the 400,000-square-foot Westbury Plaza in Nassau County, N.Y. for approximately $103.7 million. ...
Retail Financing Flows to Favored Borrowers and Property Types
Nov 10, 2009, By Beth Mattson-Teig
Following a year when getting a loan for a retail project seemed about as likely as hitting a Powerball jackpot, prospective borrowers are sensing that lenders may remove the vice grip on their purse strings in 2010. ...
Regional Mall REITs Show Stability in the Third Quarter
Nov 10, 2009
Regional mall REITs turned a corner in the third quarter, as most of the sector's players focused on getting balance sheets in order and reported a more hopeful attitude from tenants....
Macerich Joint Venture Strategy Proves a Wise Decision, Drives up Stock Price, Analysts Say
Oct 6, 2009, By Elaine Misonzhnik
Macerich Co.'s latest joint venture—a deal with real estate investment management firm Heitman announced last week—is further proof that the regional mall REIT ...
Ready to Strike?
Oct 1, 2009
In mid-September, David Simon was interviewed on Bloomberg and the segment included a couple of choice tidbits. For one thing, Simon predicted prices...
Taubman Gives Up on the Piers
Oct 1, 2009
Regional mall REIT Taubman Centers is opting to take a writedown and may relinquish control of the Pier Shops at Caesars in Atlantic City to its lender....
Ramco-Gershenson Opts To Stand Alone; Continues Push to Deleverage
Sep 9, 2009, by David Bodamer
In the latest development in an eventful year for Farmington Hills, Mich.-based Ramco Gershenson Properties Trust, after completing its review of potential strategic and financial alternatives, the firm is opting to remain a stand-alone entity...
