Federal Realty Investment Trust closed on a $275 million unsecured term loan. The loan features an interest rate at an annual rate of LIBOR plus 145 basis points, with a November 2018 maturity date. It also comes with an accordion feature allowing...
Banks and life insurance companies stepped up lending on commercial properties in the third quarter of this year, according to the most recent survey from the Mortgage Bankers Association (MBA), an industry trade group. And retail was among the ...
P.F. Chang’s China Bistro Inc. plans to open an even more limited-service and pared-down-menu version of its fast-casual Pei Wei Asian Diner in Phoenix next April, executives said Friday...
Simon Property Group Inc., Woodmont Outlets and EWB Development LLC signed a letter of intent to create a joint venture agreement for the development, construction, leasing and management of St. Louis Premium Outlets, a new upscale outlet center...
Airport operators have had a fondness for retail for quite some time given the great synergy between high foot traffic, captive consumers and the high probability of impulse purchases. In the mid-2000s, some U.S. developers even considered going...
