Macerich Co.'s latest joint
venture — a deal with real estate investment management firm Heitman announced last week — is further proof that the regional mall REIT made the right
call by deciding to forego equity offerings to pay down
debt, according...
Plus, many of these closely - held firms often team up on so -
called «club deals,» joint
ventures which give them even more
debt - drenched dollars to play with.