Ramco-Gershenson Properties Trust closed on a new $31.3 million CMBS loan with J.P. Morgan secured by its West Oaks II shopping center in Novi, Mi., and its Spring Meadows Place center in Holland, Ohio. The $31.3 million financing represents a...
David Simon doesn't like to take no for an answer. The chairman and CEO of Indianapolis-based Simon Property Group didn't grow his company into the nation's largest public real estate firm, with 382 properties, by being a shrinking violet.
Simon...
Pennsylvania Real Estate Investment Trust (PREIT) closed on a secured credit facility with $520 million in term loans and a $150 million revolving line of credit. The facility was closed with PREIT’s existing bank group, led by Wells Fargo Bank...
As the employment picture stabilizes and the stock market posts moderate gains, consumers that have denied themselves all indulgences for the past two years are starting to come back into stores, new data suggests...
For the second year in a row, the top owners and managers of retail real estate in the United States did little to change their portfolios. In fact, the amount of space controlled by the top 10 owners of retail real estate fell slightly in 2009...