CHICAGO — General Growth Properties Inc. purchased warrants held by affiliates of The Blackstone Group and Fairholme Funds Inc. for about $633 million. GGP is funding the transactions with its available cash.
General Growth Buys Common Stock Warrants Held By Blackstone, Fairholme
CHICAGO -- General Growth Properties buys warrants held by affiliates of The Blackstone Group and Fairholme Funds Inc. for about $633 million.
JERSEY CITY, NJ—Getting the product out of distribution and fulfillment and into the consumer’s hands is the focus of early adopters in the e-commerce space, IMS Worldwide’s Curtis Spencer tells GlobeSt.com in this EXCLUSIVE NAIOP I.CON preview.
IRVINE, CA—Single men owners have gained $10,000 (16 %) more in home value since purchase; housing gender gap widens with more years of home ownership.
LAS VEGAS—CEO and founder of Metro 1 tells GlobeSt.com that we can expect to see many more adaptive reuse projects of defunct or functionally obsolescent retail projects being redeveloped and adapted to uses that serve current demand.
CHEVY CHASE, MD—The combined portfolio includes over 9.7 million square feet of office assets, one million square feet of retail assets and 4,500 residential units.