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Robert Taubman of Taubman Centers and David Simon of Simon Property Group (Getty, iStock)

Simon axes $3.6B Taubman buy

Mall giant Simon Property Group is axing its $3.6 billion deal to buy Taubman Centers — the latest megadeal to fall apart due to the coronavirus. Simon executives on Wednesday said Taubman breached the...

Simon axes $3.6B Taubman buy
Peter Brant, Robert S. Taubman, and 1820 South Ocean Boulevard (Credit: Sylvain Gaboury/Patrick McMullan, John Sciulli, via Getty Images, and Google Maps)

Taubman family sells Palm Beach estate to paper mogul for $47M

Taubman Centers Chairman and CEO Robert S. Taubman sold an oceanfront Palm Beach estate for nearly $47 million to...

Taubman family sells Palm Beach estate to paper mogul for $47M
David Simon of Simon Property Group, Land & Buildings Investment Mangement founder Jonathan Litt and Robert Taubman of Taubman Centers (Credit: Getty Images)

Simon is buying Taubman Centers

Simon Property Group, the country’s largest mall owner, is buying Taubman Centers, the smaller rival that it’s had its eye on for nearly two decades. The two companies announced Monday they had reached an...

Simon is buying Taubman Centers
Charles Cohen, Design Center of the Americas

DCOTA refinances, avoids foreclosure

Design Center of the Americas, the high-end showroom in Dania Beach, avoided foreclosure after Cohen Brothers Realty Corp. reached a financial settlement with its lender. The lawsuit ends a long, drawn-out legal battle over...

DCOTA refinances, avoids foreclosure
Design Center of the Americas

Design Center of the Americas faces $173M foreclosure lawsuit

Cohen Brothers Realty Corp.’s Design Center of the Americas in Dania Beach is facing a $172.9 million foreclosure lawsuit....

Design Center of the Americas faces $173M foreclosure lawsuit
Land & Buildings Investment Mangement founder Jonathan Litt

Activist Investor Jonathan Litt is threatening another proxy fight at Taubman Centers

As the so-called “retail apocalypse” takes hold, shopping center owners are being forced to innovate. But for Jonathan Litt,...

Activist Investor Jonathan Litt is threatening another proxy fight at Taubman Centers
A rendering of The Design Center of the Americas and Charles Cohen (Credit: Facebook and Wikipedia)

Design Center of the Americas’ appraised value cut by more than 50%

It’s been a rough year for Cohen Brothers Realty Corp.’s Design Center of the Americas in Dania Beach. Following...

Design Center of the Americas’ appraised value cut by more than 50%
Cohen’s DCOTA is delinquent on second loan: Trepp report

Cohen’s DCOTA is delinquent on second loan: Trepp report

Cohen Brothers Realty Corp. faces a second delinquency on loans backing the Design Center of Americas, a financially troubled...

Cohen’s DCOTA is delinquent on second loan: Trepp report
DCOTA loan sent back to special servicing ahead of maturity date in February

DCOTA loan sent back to special servicing ahead of maturity date in February

A $172.9 million loan secured by the Design Center of the Americas (DCOTA) in Dania Beach has been sent...

DCOTA loan sent back to special servicing ahead of maturity date in February
Jacksonville mayor taps brakes on drive to build a downtown convention center

Jacksonville mayor taps brakes on drive to build a downtown convention center

The city’s mayor is questioning the cost and timing of a plan to build a new convention center in...

Jacksonville mayor taps brakes on drive to build a downtown convention center
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