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...
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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...
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...
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...
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....
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,...
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...
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...
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...
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...
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