Regency's New Fund
Feb 1, 2007
Regency Centers Corp. has launched a new open-end, infinite-life fund called Regency Retail Partners L.P. that will acquire community centers Regency develops after the properties have been stabilized....
A Deal Dies
Feb 1, 2007, Elaine Misonzhnik
Toronto-based RioCan Real Estate Investment Trust broke off its proposed joint venture with Ramco-Gershenson Properties Trust leaving the Farmington Hills, Mich.-based REIT's president and CEO Dennis Gershenson smarting...
How Much is Too Much?
Feb 1, 2007, By Beth Karlin
Shareholders of Mills Corp. may finally have a chance to recoup some of the $2.4 billion they lost as the REIT's stock price plunged 65 percent between July 20, 2005, and Jan. 19, 2006....
Mills Reached Deal as Debt Deadline Loomed
Jan 18, 2007, Matt Hudgins
Mills Corp.'s decision to accept a $7.5 billion buyout offer from Toronto-based Brookfield Asset Management Inc., including cash and assumption of debt, came as a March 31 deadline to pay pack a $1.06 billion mortgage loan from lenders represented by Goldman Sachs Mortgage Co.was creeping closer...
Mills Lands a Buyer
Jan 17, 2007
Embattled Mills Corp. today entered into a definitive agreement to be acquired by Canadian-based office owner Brookfield Asset Management Inc...
RioCan Jilts Ramco-Gershenson
Jan 17, 2007
Canadian REIT RioCan Real Estate Investment Trust’s abrupt termination last week of its proposed joint venture with Ramco-Gershenson Properties Trust has left the American REIT’s president and CEO Dennis Gershenson feeling scorned. ...
BUSINESS DEALS
Jan 1, 2007
Caruso Affiliated secured a $300 million construction loan for the Americana at Brand, a $429 million retail and residential project in Glendale, Calif....
Going South
Jan 1, 2007
RioCan Real Estate Investment Trust, the largest Canadian REIT, is joining the move by Canadian investors into the U.S. market. ...
Mills Deals
Jan 1, 2007, Elaine Misonzhnik
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors in early December, to be approved at the company's annual shareholder meeting...
Canada's Mega-REIT Has Funds, Will Travel
Dec 13, 2006
RioCan Real Estate Investment Trust, the largest Canadian REIT, is joining the move by Canadian investors into the U.S. market. The Toronto-based company is launching a $1.5 billion joint venture with Ramco-Gershenson Properties Trust...
