Kimco Continues to Push Partnerships
Jun 6, 2007
REITs continue to find a way around the cap rate conundrum to grow their portfolios. Generally speaking, REITs, bound by the requirements of being public companies, have higher return thresholds than individual investors or foreign buyers...
Heard on the Floor
Jun 5, 2007
As the real estate industry’s focus shifts away from traditional single-use properties to mixed-use projects, department stores are having a hard time adjusting to their loss of power...
Private Equity Shop Finds Its Niche
Jun 5, 2007
Legacy Capital Partners, a small private equity firm based in Lyndhurst, Ohio, is happy to stand out from the financial crowd. While many real estate funds routinely raise $500 million or more of equity to acquire properties, Legacy Capital Partners’ first fund launched in November 2004 paled by comparison, raising $44 million from high-net-worth individuals...
Developers Becoming Gang Green
Jun 5, 2007
The 2007 ICSC Spring Convention will go down as the year sustainable design went mainstream...
Heard on the Floor
Jun 5, 2007
With competition for established retailers more intense, the Macerich Company has launched a new program called Mac 50 to improve communication and feedback ...
Pacific Castle’s Ethnic Retailing Strategy Backed By New Fund
Jun 5, 2007
Recognizing that ethnic shopping centers provide a highly attractive investment opportunity, Prudential Real Estate Investors has entered into a joint venture with Pacific Castle ...
Industry Not Worried About April Sales Figures
Jun 5, 2007
One of the single-biggest reasons behind the continued strength of retail real estate has been that despite a series of shocks to the system–wars in Afghanistan and Iraq, the housing, exploding gas prices, deadly hurricanes, and on and on–Americans have kept shopping. ...
Heard on the Floor
Jun 5, 2007
Buxton Co. is unveiling SCOUT, a system that will enable its customers to access all of Buxton’s customer data via the Internet...
Industry Capitalizes on China Census Data
Jun 5, 2007
With a population of 1.3 billion and a GDP that’s expected to grow 8 percent to 10 percent annually through 2010, China is increasingly gaining the attention of U.S. investors, developers and retailers...
High Spirits Abound as Convention Kicks Off
Jun 5, 2007
As the ICSC Spring Convention kicked off yesterday traffic at the Trade Expo was brisk (and the evening cocktail party circuit was hopping) and retail real estate professionals all preached optimism about the state of the industry...
