Sentences with phrase «reit general growth»

Mall REIT General Growth Properties Inc. today announced the formation of GGP - TRS L.L.C., a new 50/50 joint venture with Teachers» Retirement System of the State of Illinois...

The fate of Chicago - based REIT General Growth Properties remains in flux as the major players that will determine its future continue to jockey for position and trade pointed barbs...

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...

Shopping center REIT General Growth Properties, Inc. and diversified real estate operating company Forest City Enterprises, Inc. recently resolved conflicting plans for mixed - use centers in Frisco, Texas, with a joint venture agreement...

After a hotly contested hearing at the U.S. Bankruptcy Court in New York, Judge Allan Gropper granted Chicago - based REIT General Growth Properties a four - month extension on its exclusivity period to file a reorganization plan, with the right to...

With a series of small announcements, embattled regional mall REIT General Growth Properties Inc. is little by little getting its house in order as its Feb. 12 loan extension deadline approaches.

The company recently cut its dividend and is in the midst of an existential crisis, so we'll move down the list to his first dividend stock of any size, diversified REIT General Growth Properties ($ GGP).

Not exact matches

General Growth Properties» shares surged amid chatter that Brookfield was in talks to acquire the U.S. - based retail REIT.

Shareholders at four REITs, including General Growth Properties, have rejected pay plans in nonbinding votes this year, the Wall Street Journal reported.

The recovery in REIT valuations happens because the underlying reason for rising rates, accelerating economic growth, benefits REITs in general just as it benefits other company's financial performance.

General Growth Properties Inc. closed the biggest REIT merger ever with its $ 12.6 billion acquisition of the Rouse Co..

They exchange the stock for shares in a REIT called General Growth Properties.

The unexpectedly high REIT returns fail to surprise John Bucksbaum, CEO of General Growth.

Executives with General Growth Properties, a REIT in Chicago that owns or manages some 200 million sq. ft. of regional shopping malls in 44 states, are anticipating an increase in closings and bankruptcies in the first quarter of 2008.

Moreover, General Growth is in the best - performing REIT sector, Moore adds, because new mall construction is non-existent while demand for mall space is growing.

«General Growth for a long time had mostly a class B portfolio,» says REIT analyst Lou Taylor of Deutsche Bank.

One company that continually receives high marks from analysts is General Growth, whose 43.25 % total return through three quarters ranks it among the top - performing REITs.

They form General Growth Cos. to plan, develop and manage the REIT's assets.

The deal marks General Growth's fifth acquisition since it became a public REIT in April 1993.

The second largest regional mall REIT, General Growth Properties, may be facing bankruptcy or a forced sale because of its debt load.

Mostly, however, he takes issue with how analysts value REITs, and says General Growth is undervalued.

Mall REITs such as General Growth have found that they can generate tens of millions of dollars in added revenue each year simply by leasing common area space to temporary tenants.

Last year, Los Angeles - based developer Rick Caruso of Caruso Affiliated, sued General Growth after, he says, the giant REIT helped create the community opposition to his attempt to build a $ 264.2 million lifestyle center across from General Growth's Glendale Galleria.

Executives at General Growth Properties, the Chicago - based REIT that manages or has an ownership interest in some 200 regional shopping malls totaling 180 million sq. ft. in 45 states, maintain that successful retailers continue to open new stores and introduce new concepts: Abercrombie & Fitch is rolling out Gilly Hicks, for example, while Neiman Marcus is launching Crewcuts.

General Growth remains the darling of the REIT universe.

As the credit crisis drags on, debt - ladened General Growth Properties, the nation's second largest regional mall REIT, may have no other choice than to sell the company.

Any hopes that Simon Property Group executives had that they could force a quick resolution to the General Growth saga have been doused now that the Chicago - based REIT has shown it is not going to be pushed over without a fight...

For example, General Growth Properties, a Chicago - based regional mall REIT, launched an app at 150 of its properties last November.

The share prices of five retail REITs that have completed sizable mergers since 2001 — Developers Diversified Realty Corp., Pan Pacific Retail Properties, The Macerich Co., General Growth Properties and Simon Property Group — increased 20 % to 40 % between last summer and mid-April.

As 2008 draws to a close, it seems likely it will take with it one of the REIT industry's oldest stalwarts, General Growth Properties.

With his latest divestiture, the sale of Pershing Square's remaining 28 million shares of General Growth Properties back to the regional mall REIT for $ 556 million, it looks like Bill Ackman may be completely done with anything having to do...

Meanwhile, there are a few other REIT players out there who might be heading for General Growth's fate, according to Moore.

Now that General Growth owns The Rouse Co., the REIT will be similar in size and portfolio quality to chief competitor Simon Property Group.

Some analysts say General Growth Properties» high - rolling purchase of the Grand Canal Shoppes at the Venetian Hotel in Las Vegas may be a gamble, particularly considering the recent fall in REIT stock prices.

Even luxury retailers have started to feel the impact, said John Bucksbaum, chairman and CEO of General Growth Properties, Inc., a Chicago - based regional mall REIT with a 180 - million - square - foot portfolio.

Forever 21 is partnering with General Growth Properties to open a new beauty retail concept just for the REIT's malls, according to CNBC.

Subsequent to the General Growth / Rouse merger, five public REITs will now control 75 percent of the top U.S. malls, according to Friedman Billings Ramsey research.

General Growth agreed to pay $ 67.50 a share for the Columbia, Md. - based Rouse, a 33 percent premium over the REIT's previous close, and also agreed to assume $ 5.4 billion in Rouse debt.

General Growth Properties (GGP), the nation's second - largest mall REIT, today acquired Pecanland Mall in Monroe, La., for about $ 72 million...

So Merrill Lynch REIT analysts, for example, are more bullish about regional mall REITs like Simon Property Group, Taubman Centers and General Growth Properties that cater to the affluent market.

And General Growth took the No. 1 spot for FFO growth, but ranked as No. 67 in leverage, and came in as No. 4 defensive REIT ovGrowth took the No. 1 spot for FFO growth, but ranked as No. 67 in leverage, and came in as No. 4 defensive REIT ovgrowth, but ranked as No. 67 in leverage, and came in as No. 4 defensive REIT overall.

Meanwhile, the newest public REIT in the U.S., Rouse Properties Inc., was not created through an IPO, but rather through a 30 - property spinoff from General Growth Properties Inc..

The closest example might be the joint venture that General Growth, Macerich and Simon formed with Seritage Growth Properties to own a combined 31 Sears Holdings properties, the latter's spinoff REIT.

They could work for a major shopping center REIT like Simon Property Group (NYSE: SPG) or General Growth Properties (NYSE: GGP) or Macerich (NYSE: MAC) or PREIT, or they might work with retail on a more local, community shopping center level.

It's had success with malls in the past, holding stakes in the two largest mall REITs, Simon Property Group and General Growth Properties, since their IPOs in the early 1990s.

NREI: Does the landlord's size — whether it's a private company with a handful of properties or a national REIT like Simon or General Growth — play a role in their willingness to work with the tenants on this?

Simon, the Indianapolis - based REIT with the largest portfolio of malls in the U.S., issued a detailed release early Tuesday morning saying that it had made a written offer to acquire Chicago - based General Growth Properties Inc. in a fully financed transaction valued at more than $ 10 billion, including approximately $ 9 billion in cash.

The deal frenzy peaked in 2004 when, in a matter of months, Simon Property Group acquired Chelsea Property Group for $ 3.5 billion and General Growth Properties completed the largest REIT buyout ever, acquiring Rouse Co. for $ 12.6 billion.

In this environment, says John Bucksbaum, CEO of General Growth Properties, mergers and acquisitions will be the primary growth vehicles for Growth Properties, mergers and acquisitions will be the primary growth vehicles for growth vehicles for REITs.

Lehman helped raise capital for such companies as: Arden Realty, $ 359 million; Bedford Property Investors, $ 222 million; Berkshire Realty Co., $ 110 million; Capital Senior Housing, $ 140 million; CapStar Hotel Co., $ 563 million; General Growth Properties, $ 150 million; Great Lakes REIT, $ 102 million, Innkeepers USA Trust, $ 144 million; Liberty Property Trust, $ 437 million; Pennsylvania REIT, $ 103 million; and Prentiss Property Trust, $ 320 million.