The mood at this week’s annual ICSC New York National Conference and Dealmaking was one of overwhelming caution. Overall, more than 6,000 retail real estate professionals attended the conference this year, down from last year’s record attendance...
The Macerich Co. reached agreements on a $130 million refinancing for a portion of Queens Center, a 963,041-square-foot property in Queens, N.Y. and a $250 million refinancing for Washington Square Mall, a 1.5-million-square-foot property in...
Although the threat of bankruptcy continues to hang over Chicago-based REIT General Growth Properties and Melbourne-based listed property trust Centro Properties Group, both embattled firms have managed to dodge that fate thanks to recent moves...
The National Bureau of Economic Research officially declared on Monday what most pros in the retail real estate industry had already come to accept—that the United States economy has dipped into a recession. How long and deep the recession will be...