Two more REITs have seen executives forced to sell stock. Macerich Co. CEO Art Coppola and Developers Diversified chairman and CEO Scott Wolstein both had to sell stock because of margin calls. Coppola sold $13.9 million in shares while Wolstein...
Energy-rich Texas continues to experience job growth and new residents are flooding to Houston and the Dallas/Fort Worth area. That, in turn, has led to a boom in retail development at a time when construction is slowing in other markets...
The first shopping center designed by renowned architect Daniel Libeskind, Westside Shopping and Leisure Center, opened in Bern, Switzerland, in early October. The mixed-use project features a mix of retail, residential and entertainment.
Specialty apparel seller Forever 21 has its sights set on expansion. In early October, reports surfaced the retailer had made a bid for stores belonging to the department store chain Mervyns — 150 of them. The company reportedly put a bid in with...
With everything else that's happened since mid-September, Henry Paulson's bailout proposal, which grew from a three-page memo to a 450-page monstrosity, has almost become an afterthought. After lobbying hard and eventually winning approval of a...
Even as the U.S. struggles through a severe housing slump, a weak economy and a financial crisis, LNR Property Corp.'s Commercial Property Group and Hopkins Real Estate Group have started construction on an $850 million mixed-use project in Carson...
For most retailers, a slowing economy characterized by inflation, unemployment and a lack of consumer confidence spells big trouble. But for at least one sector in the retail world, those aren't such bad signs. Although they haven't been...
