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...
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?” ...
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...
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...