Canyon-Johnson Urban Fund LLC cashed in on two properties in February and is closing the fund's second round — which, at $600 million, is twice as much as was raised in the first, 2001 go-round...
Put aside thoughts of sleepy Southern towns and federal tax cuts — real estate in our nation's capital is booming. Office and multifamily development is soaring and retail is percolating...
Forty miles north of Montreal in a sleepy farm community called Mirabel, Rubin Stahl, the former president of the West Edmonton Mall along with Connecticut-based Gordon Group Holdings, is planning one of the largest new retail projects in North...
In what is the largest shopping center portfolio purchase ever, Macquarie Countrywide Trust, an Australian limited property trust, and frequent joint venture partner, Regency Centers, in February announced the purchase of 101 shopping centers from...
After a long and rocky courtship, Federated Department Stores got its bride to say yes. In announcing the $17 billion merger with May Department Stores Federated CEO and chairman Terry Lundgren acknowledged that he has been "waiting for this day...
"Perhaps we should call them 'alls,' not 'malls,'" suggested Michael McCarty, president of the community centers division of Indianapolis-based Simon Property Group. With the overwhelming trend toward hybridization of shopping centers, he said...
Winn-Dixie's filing for Chapter 11 bankruptcy this week will have minimal effect on shopping center REITs, according to analysts. Even the two REITs with the greatest exposure, Equity One Inc. and New Plan Excel Realty Trust, should be relatively...
Triple Five of Minnesota Inc., the managing partner of Mall of America, on Tuesday unveiled an ambitious $1 billion expansion plan that would nearly double the size of the nation's largest retail destination. But the scheme hinges on the state...
