Centro Nabs New Plan For $6.2B
Feb 28, 2007
In case you’re keeping score, the retail REIT deal book just popped over $20 billion. Three weeks after Simon Property Group reached a deal to buy Mills Corp. for $7.9 billion and the same day Developers Diversified Realty Corp. closed on its...
Recent REIT Rally Raises Valuation Concerns
Feb 21, 2007
It sounds like a broken record. Every six-to-12 months REIT stocks seem to hit a new high and outperform broader indices and observers and analysts ask the question: “Are REITs overvalued?” ...
Mall Shooting Spree Raises Security Questions
Feb 14, 2007
In perhaps the deadliest incident ever at a U.S. mall, six people were killed Monday at Trolley Square, a 239,000-square-foot mall in Salt Lake City owned and managed by real estate investment firm ScanlanKemperBard (SKB) Companies...
Mills Gives Simon Green Light, Brookfield Deadline
Feb 14, 2007
After struggling for a year to find a buyer, Mills Corp. on Tuesday moved closer to accepting its second buyout offer in less than four weeks. The Chevy Chase, Md.-based company’s board determined that Simon Property Group’s and Farallon Capital...
From the MBA CREF Conference: Lenders Enjoying the "Perfect Calm"
Feb 07, 2007
Improved fundamentals, a cache of capital and continued innovation in capital markets have converged this year to create a ...
A Bidding War for Mills?
Feb 05, 2007
All last summer, Mills Corp. languished, unable to attract a buyer to pull the troubled mall developer from the edge of...
Lost Cause
Feb 01, 2007
For now, the bulk of Prudential Financial Inc.'s commercial mortgage holdings remain on its books, but the day is fast...
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