As private equity firms have been gobbling up office and residential REITs over the past two years, the conventional wisdom in the shopping center industry has been that retail REITs were too complex for even the most gung-ho buyout investors. And...
The turkey dinners are being planned, Macy’s is getting ready to deploy a giant Pikachu for its 80th Thanksgiving Day parade, and America’s shoppers are plotting their strategies for the grueling ritual of Black Friday. All the pieces are falling...
One Democrat who is not celebrating today is Arizona shopping center developer Jim Pederson. Pederson, former Democratic state chairman, used a chunk of his personal fortune in an unsuccessful effort to unseat Senator Jon Kyl in the most expensive...
Very quietly Teachers Insurance Annuity Association has made a big change in its retail real estate investment strategy. In separate moves, both with far-reaching consequences, TIAA-CREF announced on Nov. 2 that it has sold its stake in Mall of...