Ready to Strike?

In mid-September, David Simon was interviewed on Bloomberg and the segment included a couple of choice tidbits. For one thing, Simon predicted prices for malls would end up around where they were in 2003 and 2004 when everything is all settled. More provocatively, Simon also said that the company is a logical buyer if General Growth ends up selling assets. Considering the massive war chest of cash the company has accumulated in 2009, could some deals be in the offing? Stay tuned.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

AdviceIQ

Connect With Us
National Real Estate Investor Related Sites