Investors, servicers, sponsors and other professionals involved in securitizing real estate debt are pinching themselves over the success their industry has enjoyed the past couple of years. Everybody knows the good times will not roll on forever...
The 2006 holiday sales numbers, which posted the weakest growth in four years last week, are a sign of what’s ahead for the United States’ retail market in 2007 – a year of modest expectations. Experts expect retail real estate to remain a stable...
Simon Property Group and Westfield Trust have reached an agreement with the Service Employees International Union that paves the way for 5,000 janitors at more than 370 malls to unionize. The deal requires that contractors Westfield and Simon work...
Panattoni Development Company, LLC broke ground for the Piemonte at the Ontario Center, a $900-million, 1-million-square-foot mixed-use center in Ontario, Calif. When completed, the Piemonte at the Ontario Center will contain 500,000 square feet...
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors in early December, to be approved at the company's annual shareholder meeting that was held Dec. 29, after Retail Traffic had...
Things are looking up at Riverwalk. The 200,000-square-foot mall sits along the Mississippi River in downtown New Orleans. The property reopened about one year ago after sustaining some damage during the costliest natural disaster in U.S. history...
More owners and retailers are returning to cities for sites, trying to tap into underserved markets and capitalize on the preference of Baby Boomers and Generation Yers for urban living. The days where everything was about greenfield development...
