General Growth's $766 Million Gamble
Apr 14, 2004
Some analysts say General Growth Properties' high-rolling purchase of the Grand Canal Shoppes at the Venetian Hotel in Las Vegas may be a gamble, particularly...
REITS' CALIFORNIA DREAM
Apr 1, 2004
The big dogs control the fat cat malls in the Golden State. Friedman, Billings Ramsey & Co. examined 1 billion square feet of U.S. retail real estate...
REIT CEOs Reveal Plans for 2004
Mar 7, 2004, Brannon Boswell
Seventy-two companies are attending Smith Barney's REIT CEO conference in Florida this week, making presentations to investors about the state of their...
REITs Evolve into Entrepreneurs
Mar 1, 2004, By Anthony Downs
Real estate investment trusts (REITs) were originally developed to overcome difficulties that small investors encountered when putting money into commercial...
Common Cause
Jan 1, 2004, Sterling McGregor
Last May, Passco facilitated the sale of City of Industry, Calif.'s Puente Hills Mall via a tenant in common transaction. Thirty one investors, mainly...
REITs Go Shopping, But What About Consumers?
Dec 17, 2003
Mall REITs finished up their holiday shopping this week. Vornado Realty Trust purchased Paramus, N.J.'s 900,000-square-foot Bergen Mall from Simon Property...
Two Ways To Take Europe
Dec 1, 2003, Brannon Boswell
European retail development, once prohibitively expensive for U.S. real estate companies, now looks promising. Simon, for one, is upping its ante with...
Glimcher Back In The Game
Sep 1, 2003, Howard Reill
After a five-year hiatus, Columbus, Ohio-based REIT Glimcher Realty Trust is buying malls again. With the acquisition of WestShore Plaza Mall from Grosvenor...
Mills Buys Great Mall of Bay Area For $265.5 Million
Aug 5, 2003
Mills Corp. announced it is buying Silicone Valley, Calif.'s Great Mall of The Bay Area from Swerdlow Real Estate Group. The $265.5 million deal will...
REITs Clean House
Aug 1, 2003, Howard Riell
Is another WorldCom or Enron hidden among the ranks of REITs? Corporate accounting scandals have made some investors wary of big public companies, but...
