Mills Deals
Jan 1, 2007, Elaine Misonzhnik
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors in early December, to be approved at the company's annual shareholder meeting...
BUSINESS DEALS
Jan 1, 2007
Caruso Affiliated secured a $300 million construction loan for the Americana at Brand, a $429 million retail and residential project in Glendale, Calif....
Going South
Jan 1, 2007
RioCan Real Estate Investment Trust, the largest Canadian REIT, is joining the move by Canadian investors into the U.S. market. ...
Canada's Mega-REIT Has Funds, Will Travel
Dec 13, 2006
RioCan Real Estate Investment Trust, the largest Canadian REIT, is joining the move by Canadian investors into the U.S. market. The Toronto-based company is launching a $1.5 billion joint venture with Ramco-Gershenson Properties Trust...
Gazit, Mills Reach Deal on Board Nominations
Dec 6, 2006
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors on Tuesday, to be approved at the company’s annual shareholder meeting on Dec. 29...
As the Mills Corp. Turns
Dec 1, 2006, Elaine Misonzhnik
The Mills Corp. is being slammed with another lawsuit in the never-ending saga to determine the fate of the company. This time from would-be savior Gazit-Globe Ltd...
Dining Out
Dec 1, 2006
GE Capital gobbles up restaurant REIT. Two trends converged in early November with the announcement of the proposed $3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions...
Vornado Takes Manhattan (Mall)
Nov 29, 2006
Vornado is making a big bet on the Herald Square area as Manhattan Mall gives it another piece in a swath of properties it controls along Manhattan’s 33rd Street corridor from 9th Avenue to 6th Avenue...
What Equity Office Means for Retail REITs
Nov 22, 2006, By Elaine Misonzhnik
As private equity firms have been gobbling up office and residential REITs over the past two years, the conventional wisdom in the shopping center industry has been that retail REITs were too complex for even the most gung-ho buyout investors. And, with retail REIT shares trading at or near their highs (mostly), there seemed few opportunities for the private-equity players to snap up assets on the cheap, restructure and flip, their preferred modus operandi. ...
GE Capital and Trustreet: Two Trends in One
Nov 1, 2006, Elaine Misonzhnik
Two trends converged Monday with the announcement of the proposed $3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions....
