In just a few months, the names of the top highest-paid REIT CEOs of 2013 will be released by SNL Financial. Of the top 20 highest-paid REIT CEOs in 2011, 14 remained in the top 20 in 2012, and John Kilroy Jr. of Kilroy Realty Corp. moved up to the No. 1 spot in 2012 from the No. 17 spot in 2011. Will Kilroy retain first place? Or will another CEO rocket to the top?
With his latest divestiture, the sale of Pershing Square’s remaining 28 million shares of General Growth Properties back to the regional mall REIT for $556 million, it looks like Bill Ackman may be completely done with anything having to do with retail....More
After opening its first store in Mt. Prospect, Ill. this spring, it will follow up with eight additional stores this year, including two locations in Indianapolis and two locations in Cincinnati....More
It’s becoming more and more common to see Whole Foods or another strong grocery chain occupying the ground levels of multi-unit residential developments, especially in urban markets like San Francisco and Washington, D.C....More
The growing number of projects located near each other —sometimes separated by just a few miles — is raising questions about how much activity among outlet centers can hold up over the long term....More