Regional mall REITs once again outperformed other sectors in the fourth quarter of 2010. Out of the sector's seven REITs, five beat consensus analyst estimates, by up to $0.09 per share. Only two companies—Macerich Co. and Glimcher Realty Trust...
In spite of winter storms that hit much of the country and rising fuel prices, same-store sales grew by more than 4 percent in February, according to several tallies of the monthly results. That solid number followed surprisingly strong results in...
The great Sam Zell, chairman of Equity Investments, was on CNBC this morning talking about a range of topics. A few minutes in he talks about why he has not done deals during the down cycle and his explanation for why the distressed market did not...
Charles A. Ratner, head of diversified REIT real estate operating company Forest City Enterprises, revealed today he will be stepping down as president and CEO effective June 10. His replacement will be David J. LaRue, currently an executive vice...
A little more than four years after conducting the largest ever commercial real estate buyout with its acquisition of Equity Office Properties for $23.2 billion, Blackstone Group is at it again. ...
In what seems to be an attempt to compete more effectively with the dollar stores, Target made two announcements about its plans for 2011. The first concerns its store opening plans. In 2010, the retailer slowed down its growth pace, preferring...
It feels like in the past two days the entire retail real estate industry has been talking about one thing--Borders. The questions ranged from whether Borders will be able to survive long-term (many people don't think so, judging by the discussion...