General Growth’s surprise miss on its fourth-quarter FFO stemmed, in part, from problems with the community development business it inherited as part of its $12.6 billion acquisition of the Rouse Co., completed in late 2004. During the fourth...
On a chilly night in late November, several thousand people gathered at Zona Rosa, a mixed-used development in Kansas City, Mo., to kick off the holiday season with the lighting of The Crowns, bringing back fond memories of the 1950s when this...
Not long ago, developers had trouble securing debt financing for mixed-use projects. But with more such complexes moving from the drawing boards to construction, lenders have undergone an attitude adjustment...
Lamar Cos., doesn't own any real estate in Mississippi, Alabama, Texas or Louisiana. Yet there they were, one of the few developers with a booth at ICSC's Gulf South show held in late February in New Orleans. The Morristown, N.J., company was...
Federated Department Stores surplus of 84 stores is rapidly diminishing with buyers coming from all corners. The company had previously announced the closings, which stemmed from redundancies resulting from its acquisition of May Department Stores...
General Growth Properties' Ala Moana Center in Honolulu is expanding to include the state's first Nordstrom. Taking up 200,000 square feet and three levels, Nordstrom will be joined by 15 new stores. Completion is expected by spring 2008 ...
