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...
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 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...
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...
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 ...
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...
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...
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...
