When the mother of all privatization deals was announced in November 2006, it rocked Wall Street and the REIT industry. A proposed buyout of Equity Office Properties Trust (EOP) by The Blackstone Group, a $20 billion deal not including debt, would...
Two trends converged Monday with the announcement of the proposed $3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions...
What's a guy to do when, after eight years of managing one of the industry's highest-profile portfolios of retail and entertainment properties, his firm gets out of the business? Ask Lee Wagman...
Both sides are saying they won, but Wall Street analysts argue that Indianapolis-based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich.-based Taubman. Yesterday, Michigan District Court Judge Victoria Roberts...
Real estate money manager Clarion Partners has agreed to buy Crow Holdings Industrial Trust, a private REIT, for $1.5 billion. New York-based Clarion, a subsidiary of ING Real Estate, will create a new REIT to acquire most of Crow’s portfolio. An...
New York —Three of the biggest players in retail real estate plan to jointly acquire the North American assets of Netherlands-based real estate giant Rodamco for $5.3 billion. The deal, which caps a months-long power struggle for control of...
Indianapolis – Locally based Duke-Weeks Realty Corp. recently announced the resignation of Ray Weeks as vice chairman of the company’s board of directors. There are no current plans to fill the vacancy, which leaves a 13-member board – nine of...
Glimcher Realty Trust's gross leased assets recently topped 25 million sq. ft., its properties now number 120 and its stock has climbed all the way back from a 1995 downturn...
