Simon Courts Blackstone; Consumer Confidence Keeps Flying High (Thursday's News & Notes)
Apr 29, 2010
The market continues to be abuzz about the potential Simon/General Growth transaction. It's been rumored for a while that Simon might want to bring private equity firm the Blackstone Group into its bid to help finance the deal. Now Bloomberg...
Walmart Tries Its Luck in NYC Again
Apr 28, 2010
Multiple newspaper reports, including this one from The Daily News, claim Walmart is once again trying to bring a store to New York City. The proposed store would likely go into the Gateway II shopping center in Brooklyn, a development that has...
Reviving the Commercial Real Estate Market
Apr 27, 2010
This comes via Deal Junkie. It's a video of an interesting panel discussion on reviving the commercial real estate market. ...
Sears Sells Stores Online; How is Commercial Real Estate Like a Shot of Tequila? (Monday's News & Notes)
Apr 26, 2010
Hard times call for innovation. In an effort to unload its excess real estate, Sears Holdings Corp. has reportedly launched a Web site dedicated to selling its closed stores. For this and other stories about retail and retail real estate, follow...
Fairholme Makes it Clear That It's Not On Board with SPG Plan
Apr 22, 2010
Simon and General Growth are talking and Simon sent a letter earlier today. Now Bruce Berkowitz has chimed in again. ...
Simon Lines Up More Capital for GGP Bid and Improves Its Proposal
Apr 22, 2010
Simon Property Group put out a release last night and another this morning. As we know, Simon execs are meeting with General Growth's decision makers today. ...
Simon to Meet GGP Board; Tips on Using Social Media (Wednesday's News & Notes)
Apr 22, 2010
Activity is heating up again on the Simon/General Growth Properties front, as the industry looks into Simon's revised plan for General Growth's reorganization. Meanwhile, the reporters at The Boston Globe do an inspired bit of freakonomics in...
The Rise of Marketwi.se; (Tuesday's News & Notes)
Apr 20, 2010
Last week, John Reeder, a Senior Advisor at Sperry Van Ness, launched a new blog, Marketwi.se. It includes insights from Reeder as well as Chris Rodriguez, founder and president of Pacific Commercial Investments Inc. ...
Barneys Looks for CEO, Leaves Bankruptcy Talk Behind
Apr 19, 2010
After months of will they/won't they speculation on whether luxury department store chain Barneys New York will be forced to file for bankruptcy protection, it appears the retailer may be turning a corner. This week, The New York Post ran a story...
RBS Releases Details on 2010's First Conduit Deal; DLC Goes Public (Wednesday's News & Notes)
Apr 15, 2010
Industry insiders have known about it for a while, but this week the Royal Bank of Scotland revealed the exact details of its multi-borrower CMBS deal, the first of its kind since 2007. Meanwhile, in the wake of strong same-store sales growth in...
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