simon property group


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From left: J.C. Penney CEO Jill Soltau, Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Brookfield Property Partners CEO Brian Kingston (Getty)

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....

Authentic Brands in talks to join J.C. Penney takeover
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

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...

J.C. Penney saved by Simon and Brookfield
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

Simon, Brookfield in talks to buy bankrupt J.C. Penney

Simon Property Group and Brookfield Property Partners are reportedly in advanced talks about buying J.C. Penney’s retail business. J.C....

Simon, Brookfield in talks to buy bankrupt J.C. Penney
Authentic Brands Group CEO Jamie Salter, David Simon and Brooks Brothers (Getty)

Simon, Authentic Brands to buy Brooks Brothers

Brooks Brothers has found its white knight in mall giant Simon Property Group and apparel licensing firm, Authentic Brands...

Simon, Authentic Brands to buy Brooks Brothers
Simon Property Group's David Simon (Getty, iStock)

Simon’s rent collection inches up in Q2 while profits plummet

Across Simon Property’s portfolio of more than 200 U.S. malls, the company lost 10,500 shopping days from April through...

Simon’s rent collection inches up in Q2 while profits plummet
Simon Property Group CEO David Simon and Amazon CEO Jeff Bezos (Simon by Mireya Acierto/Getty Images; Bezos by MARK RALSTON/AFP via Getty Images)

The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers

Amazon may soon take over the spaces of bankrupt retailers it has left in the dust. The e-commerce giant is in talks with mall...

The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers
Simon Property Group’s David Simon and Gap CEO Sonia Syngal (Getty, Wikipedia, iStock)

Simon strikes back at the Gap with $107M lawsuit

Call it a retail rumble, with Simon Property Group in one corner and its largest national tenant in the...

Simon strikes back at the Gap with $107M lawsuit
David Simon and 625 Park Avenue (Getty, Google Maps)

Mall magnate David Simon lists Park Ave pad for $33M

As David Simon tries to navigate his retail REIT through the coronavirus storm, he is also looking to sell...

Mall magnate David Simon lists Park Ave pad for $33M
Simon Property Group's David Simon (Getty)

Simon Property Group sets the lawyers on tenants not paying rent

Simon Property Group has kept its promise to sue mall tenants who aren’t paying their rent. On Tuesday, the...

Simon Property Group sets the lawyers on tenants not paying rent
Authentic Brands Group CEO Jamie Salter with Brooks Brothers, J.C. Penney, and Aeropostale stores (Getty)

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?

Deep into a marathon set of high-pressure meetings to save bankrupt retailer Aeropostale from being chopped up and sold for parts, Jamie Salter thought...

Mall owners team up with “dead-celebrity dealmaker” but can they rescue moribund retailers?
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