GGP Plans to Exit Chapter 11 Without Major Sell-Offs, but Merger Talk Persists

Dec 08, 2009

Just as many industry observers predicted when General Growth Properties (OTC: GGWQP) filed for Chapter 11 bankruptcy protection eight months ago, the Chicago-based REIT seems poised to exit its restructuring in one piece...

Simon Makes Surprise Move and Expands Its Outlet Portfolio

Dec 08, 2009

While speculation continues to swirl about the possibility of Simon Property Group going after bankrupt regional mall owner General Growth Properties, the Indianapolis-based REIT quietly worked out a deal to expand its outlet portfolio...

Inland Western Announces $625M Financing

Dec 07, 2009

Inland Western Retail Real Estate Trust Inc. obtained a new $625 million, non-recourse, 10 year secured loan from JPMorgan Chase Bank N.A. The loan is secured by a portfolio of 55 retail properties in a joint venture owned by Inland Western and...

CMBS Delinquencies Rise Again in October

Dec 07, 2009

According to Horsham, Pa.-based real estate research firm Realpoint LLC, the delinquent unpaid balance for CMBS increased to $32.55 billion in October, up from $31.73 billion in September. The figure is a 504 percent increase over October 2008 and...

Retail Real Estate Should Begin Its Healing Process in 2010

Dec 04, 2009

After suffering through a moribund 2009 when investment sales, lending and leasing were largely frozen, the retail real estate industry is showing signs that the long-awaited rebound may be starting. In September, U.S. same-store sales eked out ...

Retail Market in New York’s Outer Boroughs Presents a Bifurcated Picture

Dec 02, 2009

Times of struggle help separate the inherently strong from the weak, according to popular wisdom. While that principle has been somewhat at play in the performance of Manhattan’s retail real estate sub-markets during this downturn, it’s become...

BUSINESS DEALS

Dec 01, 2009

The Blackstone Group and Glimcher Realty Trust, announced a partnership for the acquisition and management of two regional malls in a deal worth $320 million. As part of the deal, Blackstone will assume $218 in mortgages on the properties. It will...

Political Savvy

Dec 01, 2009

The Saint Consulting Group shares some of its secrets in winning land use fights.

FRIENDLY COMPARISONS

Dec 01, 2009

Retail REIT shares are relatively flat since our last update. The 52-week highs for nearly every REIT reset dramatically to lower levels in the past 60 days, however...

PROJECTS & PEOPLE

Dec 01, 2009

Regency Centers broke ground for Seminole Shoppes, a 74,000-sq.-ft. shopping center in Neptune Beach, Fla. The project is scheduled to open in 2010...