The surge of mergers and acquisitions that took place during 1997 has affected the makeup of our Top 50 Owners of Shopping Centers -- although no acquisitions were great enough to loosen Simon DeBartolo Group's hold on the No. 1 position...
To summarize the best multifamily REITs today, Multifamily Monitor has created this top-10 survey measured by the equity market capitalization value of their portfolios. In each profile that follows, Multifamily Monitor has secured the most...
Making a splash in Las Vegas is no easy task. With erupting volcanoes, dueling pirates and now the entire city of New York splayed out along the city's famous Strip, it takes a really big statement to get noticed. When FAO Schwarz decided to open...
Although the likelihood of a tenant's premises or a shopping center being destroyed by fire, hurricane, earthquake or other casualty may seem minimal (and indeed, even in areas of the country that seem more susceptible to earthquakes and...
NREI presents the Top 100 Pension Fund Managers as ranked by Nelson Information Inc., Port Chester, N.Y., based on real estate assets managed as of July 23, 1997. Combined, these 100 firms manage $241.5 billion out of the total $256.6 billion of...
Almost without exception, shopping center leases contain subordination provisions stating that the rights of the tenants under the leases will be subject to the rights of any lender whose mortgage affects the shopping center. However, the tenant...
Although small tenants often do not think of themselves as having much leverage in a lease negotiation with a landlord, there can often be situations, particularly in the context of a strip center, where a landlord may be highly motivated to lease...
Ordinary and necessary business expenses that neither materially add to the value of property nor appreciably prolong its life, but merely keep it in an ordinarily efficient working condition, may be deducted currently.Ronald A. Morris and Elliot...