National
Simon says suburbia is hot, raises guidance for 2021
After a devastating year of mall closures and tenant bankruptcies, Simon Property Group raised its guidance, saying that people...
Simon Property Group
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National
Rock-bottom prices: 11 malls whose valuations have tanked
The pandemic has wreaked havoc across the retail industry, but few have been hit harder than second-tier malls. And...
National
A Simon mall falls to foreclosure
Simon Property Group has lost control of a mall in suburban Atlanta, more bad news for one of the country’s largest retail landlords that has seen income plunge due to the pandemic. Deutsche Bank...
National
Values of Class A malls down 45% from 2016 levels
The value of America’s luxury malls is roughly half what it was in 2016, a worrying sign for an...
Issue
Inside mall owner Namdar’s rapid growth story
At the Regency Square Mall in Jacksonville, Florida, roaches roam freely, the air conditioning is broken and the roof...
National
Real estate stocks had a big week. But are they still undervalued?
Real estate stocks ended the week on a positive note, with companies sustaining gains made earlier this week after...
National
Simon Property Group’s earnings plummet below last quarter
The country’s leading mall owner continues to struggle amid a pandemic that has decimated foot traffic and plunged many...
National
Real estate stocks end week mixed as virus fears rise and markets fall
Real estate services stocks largely ended a dismal week unscathed, as the broader markets fell for a second straight...
National
Authentic Brands in talks to join J.C. Penney takeover
Authentic Brands, one of the most active bidders on bankrupt retail, is joining a deal to take over J.C....
National
J.C. Penney saved by Simon and Brookfield
J.C. Penney is saved. The retailer will be acquired by mall operators Simon Property Group and Brookfield Property Partners, avoiding liquidation. Simon and Brookfield will pay about $300 million in cash and assume $500...
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