Simon Property Group Inc.'s (NYSE: SPG) majority-owned partnership subsidiary, Simon Property Group, L.P., has agreed to sell $500 million aggregate principal amount of its 6.75 percent senior unsecured notes due 2014 in an underwritten offering...
"Fortunately, our centers are not in Florida," has been a sentiment expressed quite often by retail real estate executives in the past two years. During this downturn, Florida, along with Nevada and Arizona, has served as the epicenter of the...
(This is the first of a two-part look at mall marketing efforts. This feature looks at what marketing managers are doing inside properties. A second story will examine how companies are embracing social networking and other online technologies to...
Shopping center REITs are posting solid performances for the second quarter of the year and have shown a marked improvement in leverage levels—the main area of concern for analysts over the past 24 months...
According to Realpoint LLC's Monthly Delinquency Report, the delinquent unpaid balance for CMBS increased by a substantial $9.87 billion in June, up to a trailing 12-month high of $28.65 billion. Overall, the delinquent unpaid balance grew for the...
The Macerich Partnership, L.P., the operating partnership of Macerich (NYSE: MAC) and long-time partner Cadillac Fairview Corp. Ltd. announced a joint venture for Macerich's 966,499-square-foot Queens Center in Queens, N.Y...
With Developers Diversified Realty making official its plans to raise up to $700 million in CMBS financing through the government-sponsored Term Asset-Backed Securities Loan Facility (TALF) program, it seems the Obama administration's efforts to...
RBC Capital Markets, along with Retail Lease Trac, has begun to track retailer store opening plans for as many companies for which the firms can compile data. The research shows that the 2,000 retailers the firms are tracking plan to open 64,926...
Macquarie CountryWide Trust of Australia entered a definitive agreement to sell a majority interest in an 11.5-million-square-foot U.S. retail portfolio to Global Retail Investors, LLC, a joint venture of First Washington Realty, Inc. and...
