Next Steps for GGP
Dec 17, 2009
Now that it got its restructuring approved on 103 properties covering $10.25 billion in secured mortgages, General Growth is moving ahead with the next phases of its plan to emerge from bankruptcy. It has pending plans for another 10 properties...
Judge Green Lights GGP's Restructuring Plan
Dec 16, 2009
General Growth Properties Inc., the second-largest U.S. mall owner, said it won permission from a bankruptcy judge to restructure about $10.25 billion in debt at some of its shopping centers and office buildings. The Chapter 11 plan approved...
On the Lighter Side
Dec 15, 2009
Here's a couple of odd videos that I've spotted in the last few days. One sings of the troubles in commercial real estate to the tune of "Oh Christmas Tree." The other is a rap about the Downtown Mall in Charlottesville, Va. The Downtown Mall is...
Mobile Technology to Play a Large Role This Christmas; CMBS Investors Ready for New Issuance (Friday's News & Notes)
Dec 12, 2009
As we round off the first decade of the oughts, the way we shop has been changed dramatically by all the new technology that's been developed in the past few years. Previously, we discussed the impact of social media sites on the way malls do...
November Retail Sales Rise Inflated by Gas
Dec 11, 2009
According to the Commerce Department, November retail and food sales increased 1.5 percent from October and were 2.1 percent...
Getting Caught Up on General Growth
Dec 10, 2009
The news seems to be coming fast and furious with General Growth these days. There have been a lot of developments since we...
Ackman's ICSC Presentation: "If You Wait For The Robins, Spring Will Be Over"
Dec 09, 2009
Here's a 68-page look into William Ackman's mindset. It's a much rosier outlook on things than what we heard from the majority...
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