Cedar Realty Closes on $300M Senior Secured Credit Facility
Jan 30, 2012
Cedar Realty Trust Inc. closed a $300 million senior secured credit facility. The facility includes a four-year $75 million term loan and a three-year $225 revolving credit facility subject to collateral in place. It comes with an initial rate of...
ICSC Nominates Brad Hutensky as Chairman for 2012-2013
Jan 27, 2012
ICSC’s board of trustees nominated Brad M. Hutensky as ICSC chairman for the 2012-2013 term. If Hutensky is elected at the organization’s annual member meeting in May, he will succeed David B. Henry, vice chairman and CEO of Kimco Realty Group...
Private Equity Buyout Might be Talbots’ Last Chance
Jan 26, 2012
Women’s apparel chain Talbots might have no choice but to accept a private equity buyout offer if one materializes later this month as expected...
Deloitte Study Discusses the Store of the Future
Jan 24, 2012
Battling powerhouse Internet retailers like Amazon.com and smartphone apps that allow consumers to shop from virtually anywhere, the retail industry has spent the past few years trying to imagine the future of the brick-and-mortar store...
Crocs to Use New Prototype to Communicate Brand Changes
Jan 24, 2012
Popular shoe manufacturer Crocs is in the process of transitioning into a lifestyle brand and the company plans to use its...
Glimcher Closes $77M Loan on Town Center Plaza in Kansas
Glimcher Closes $77M Loan on Town Center Plaza in Kansas
Jan 23, 2012
Glimcher Realty Trust closed on a $77 million mortgage for Town Center Plaza in Leawood, Kan. The loan features a 5 percent fi...
EHB to Develop 700,000 SF Mall in West Las Vegas
EHB to Develop 700,000 SF Mall in West Las Vegas
Jan 20, 2012
EHB Cos. will develop Las Vegas Renaissance, a 700,000-sq.-ft. enclosed mall in West Las Vegas. EHB plans to break ground for...
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