Our rankings are based on total retail GLA owned and managed in the U.S., as reported by companies. Respondents were asked to include GLA through Dec. 31 and report only retail GLA and only their percentage of ownership in joint ventures. A few...
Chicago-based Wrightwood Capital, a real estate finance and investment firm, announced the closing of the High Yield Partners II Fund with $243 million in commitments...
After years of continued expansion, the top owners and managers of retail real estate in the United States stopped growing in 2008. Our list of the top 100 owners and managers shows very little movement compared with last year’s list—a testament...
When the current downturn in commercial real estate comes to an end, the U.S. REIT sector might look a lot smaller, according to participants at New York University's 14th annual REIT symposium, which took place on April 2. With even the strongest...
The issue of REIT debt maturities continues to hang over the industry. Companies with high debt loads such as General Growth Properties and Centro Properties Group have had well-publicized problems. Other firms have been able to deal with debt...
Macerich Co. (NYSE: MAC) received a commitment for a $205 million refinancing of North Bridge Center in Chicago. The loan term is seven years at a fixed interest rate of 7.5 percent and is expected to close in June 2009. The lender is a major life...
As the retail REIT sector continues to take a beating amid a combination of falling consumer demand and frozen credit markets, analysts are zeroing in on shopping center owner Developers Diversified Realty. On March 6, credit rating agency...
Simon Property Group CEO David Simon's sound bite from the company's fourth-quarter earnings call in February got a lot of play. At the time he said, “The new development business is dead for a decade.” Recently, he was interviewed as part of the...
