Inland Acquires $424M Portfolio from Joint Venture
Mar 05, 2010
Inland Real Estate Acquisitions Inc., the purchasing arm of the Inland Real Estate Group of Companies Inc., completed a $424 million acquisition of 16 shopping centers containing 3.5 million square feet, from a joint venture between TIAA-CREF and...
General Growth Gets Extension as Team of Suitors Continues to Grow
Mar 04, 2010
After a hotly contested hearing at the U.S. Bankruptcy Court in New York, Judge Allan Gropper granted Chicago-based REIT General Growth Properties a four-month extension on its exclusivity period to file a reorganization plan, with the right to...
The Mall of America Takes on the Great Recession
The Mall of America Takes on the Great Recession
Mar 02, 2010
It might come as a shock to many mall owners who spent 2009 struggling to reconcile their budgets, but it turned out to be a pretty good year for the Mall of America. The 4.2-million-square-foot Bloomington, Minn.-based behemoth, which boasts 2...
As Tenants Show Resilience, Regional Mall REITs Feel Confidence in the Future
As Tenants Show Resilience, Regional Mall REITs Feel Confidence in the Future
Mar 02, 2010
Regional mall REITs continued to get healthy in the fourth quarter of 2009 with stable sales and improved customer traffic. Given the lingering weaknesses in the economy, most insiders don’t expect rents or occupancy levels to spike significantly...
ON A TEAR
Mar 01, 2010
Retail REITs have been on a hot streak so far in 2010. Many reached new 52-week highs in the last 60 days. Moreover, 52-week...
The Unfolding GGP Saga
Mar 01, 2010
The fate of Chicago-based REIT General Growth Properties remains in flux as the major players that will determine its future...
Load More