Lawyers See GGP Court Ruling Regarding Special Purpose Entities as an Isolated Occurrence
Aug 25, 2009, By Elaine Misonzhnik
A recent ruling in the General Growth Properties bankruptcy case has rattled lenders as some industry insiders fear it might make it easier for real estate owners to bend bankruptcy rules at the expense of their financiers...
Falling Sales Mean Potential Trouble For Regional Mall REIT Players (8/11)
Aug 11, 2009, By Elaine Misonzhnik
Regional mall REITs appeared to end the second quarter on a high note, with at least three firms outperforming consensus analyst estimates by a range of $0.03 per share to $0.08 per share...
Mall Marketing Managers Shift Emphasis from Driving Traffic to Generating Sales (8/4)
Aug 4, 2009, By Elaine Misonzhnik
Up until about a year ago, mall marketing managers had been focused on creating a sense of community...
Shopping Center REITs Address Liquidity Concerns and Land on Firmer Ground in Second Quarter (8/4)
Aug 4, 2009, By Elaine Misonzhnik
Shopping center REITs are posting solid performances for the second quarter of the year and have shown a marked improvement in leverage levels—the main area of concern for analysts over the past 24 months...
Funding Demand From REITs Might Spur Interest In TALF For New Loans (6/23)
Jun 23, 2009, By Elaine Misonzhnik
News that Developers Diversified Realty, one of the largest REITs in the retail sector, is considering using the Term Asset-Backed Securities Loan Facility (TALF) program to secure up to $600 million in loans might help the program gain popularity...
General Growth Bankruptcy Facing Challenges; Ackman Joins REIT's Board (6/9)
Jun 9, 2009, By Elaine Misonzhnik
General Growth Properties' bankruptcy proceedings are turning out to be every bit as complicated as commercial real estate industry experts feared...
Retail REITs Pursue Stock Offerings in a Darwinian Battle of the Balance Sheets (6/3)
Jun 3, 2009, By Elaine Misonzhnik
In early May, Simon Property Group announced its second round of stock and unsecured debt offerings since the beginning of the year...
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...
Helped By Lowered Expectations, Mall REITs Outperform In First Quarter (5/5)
May 5, 2009, By Elaine Misonzhnik
In spite of the most challenging retail environment in recent history, the six regional mall REITs that have reported their first quarter results have emerged from the carnage in decent shape...
Massive REIT Stock Offerings May Signal Future Deals (4/28)
Apr 28, 2009, By Elaine Misonzhnik
A recent spate of stock offerings by some of the retail sector’s stronger REITs points to a possible pick-up in acquisitions going forward...
