Private Equity Dominates ICSC New York Chatter
Dec 6, 2006
The issue of privatization—both for retailers and real estate companies—has been a dominant theme at the New York National Conference and Dealmaking, which concludes today...
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...
The Party's Moved Over
Dec 1, 2006, By Jennifer Popovec
Investors went on a buying spree in the retail sector during the first years of this decade and made a pile of money in the process. As consumers gorged on electronics, luxury apparel and home dcor, owners of retail real estate saw their incomes rise and the sale prices of their properties soar...
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....
DDR's Sunshine Deal
Nov 1, 2006, Riccardo A. Davis
In late October, Developers Diversified Realty Trust, sprung on the largest retail real estate deal in two years by reaching an agreement to purchase Inland Retail Real Estate Trust Inc....
Can't Stop, Won't Stop
Nov 1, 2006, By David Bodamer
This was supposed to be the year the retail REIT rally finally ended. Cap rates on retail properties have held steady (and even risen in some markets) for the first time since 2001...
Kimco Strikes Again
Nov 1, 2006
Before its last big deal could even close, Kimco Realty Corp. announced another. ...
Gazit Snaps Up Mills Shares
Oct 25, 2006
The struggling Mills Corp. has found an unlikely champion in Chaim Katzman, the outgoing CEO of shopping center REIT Equity One Inc....
