Colliers International issued its Spring 2009 Retail Report in advance of next week's ICSC RECon show. Even though there are signs that the economy may be stabilizing, retail faces some real challenges, the report concludes. ...
Ramco-Gershenson and Equity One have been talking since at least late March. In April it nominated two to Ramco's board. Ramco has accepted those nominations and will expand its board in a new proposed slate. ...
In a bit of an upset, William Ackman will not provide DIP financing to General Growth Properties. Instead, the REIT will be financed by Farallon Partners. This is interesting, in part, because Farallon Partners was Simon Property Group's partner...
It seems that analysts have been unable to predict Commerce Department figures accurately recently. In April, sales dropped. Analysts had expected a gain. March figures were also revised downwards. Calculated Risk has a good summary and produced...
Activist investor William Ackman held a town hall meeting yesterday where he continued to lay out his view on what Target needs to do to succeed and made his pitch to get four seats on Target's board. ...
