Market Signals New General-Growth Bids
February 17th, 2010Investors are expecting mall giant Simon Property to sweeten its $10 billion offer for General Growth with others possibly waiting in the wings.
Investors Bet on Higher Bid for General
February 17th, 2010Investors are expecting mall giant Simon Property to sweeten its $10 billion offer for General Growth with others possibly waiting in the wings.
Simon Bids $10 Billion for Rival
February 17th, 2010Simon Property is offering about $10 billion in cash and stock for rival mall operator General Growth, which is currently restructuring under bankruptcy-court protection.
Kansas Officials Green-Light Speedway Casino Project
February 17th, 2010In January, In The Pipeline reported that ground work has begun on a $400 million, 18,500-seat stadium for the Kansas City Wizards soccer team near the Kansas Speedway in the Village West district of Kansas City, KS. This month, the state has given the…
Jones Apparel to Shutter 166 Stores in 2010
February 17th, 2010Jones Apparel Group, Inc. (NYSE: JNY) is planning to close 166 underperforming stores this year. During 2009, the retailer closed 99 and opened 20 stores, to end the year with 938 retail stores. Jones has not identified the brand or location of the remaining…
Health Care Reform Impasse, Choppy Market Dulls Appetite for MOB Deals
February 17th, 2010In early November, health-care real estate operator HCP, Inc. chief executive Jay Flaherty told investors that the reopening of capital markets, combined with “the expected near-term passage” by Congress of healthcare reform legislation, could set forces…
Healthcare Reform Impasse, Choppy Market Dulls Appetite for MOB Deals
February 17th, 2010In early November, health-care real estate operator HCP, Inc. chief executive Jay Flaherty told investors that the reopening of capital markets, combined with “the expected near-term passage” by Congress of healthcare reform legislation, could set forces…
Healthcare Reform Impasse, Weak Market Dulls Appetite for MOB Deals
February 17th, 2010In early November, health-care real estate operator HCP, Inc. chief executive Jay Flaherty told investors that the reopening of capital markets, combined with “the expected near-term passage” by Congress of healthcare reform legislation, could set forces…
In The Pipeline: CoStar Development and Construction News for Feb. 14-20
February 16th, 2010In this week’s Pipeline, the owner of the Century Plaza Hotel strikes a deal with preservationists to revise its development plan to avoid demolishing the L.A. landmark. Over the mountains in Hollywood, meanwhile, W Hotels unveils its $350 million hotel…
Morgan Stanley Weighs Ending Hotel Stay
February 16th, 2010The U.S. investment bank may have to hand over the keys of a $2.4 billion Japanese hotel chain to creditors when the debt falls due in April.
