Majority Stake in 1.7M-SF Mall Changes Hands
BROOMFIELD, CO-GI Partners sells its 75% ownership stake in FlatIron Crossing to its JV partner, Macerich, for $196 million in cash plus the assumption of a pro rata share of the debt of $127 million, GlobeSt.com has learned.
NEWARK, NJ—Being known as PGIM Real Estate Finance globally “reflects how we provide financing around the world from a range of capital sources,” says CEO David Durning.
SAN DIEGO—MBA’s CREF/Multifamily Housing Convention and Expo 2017 opened Day 2 with bankers discussing current market dynamics, competition, regulation, preferred asset classes and their expectations for the future.
The 1950s saw the birth of the shopping mall across the nation, yet the era of destination retail stores, especially clothing stores, has been on a…
This past weekend I visited Minneapolis and experienced the stark differences between a withering downtown retail center and a boomtown retail experience.…