ARTICLES BY THIS AUTHOR
04/02/2020
10,000 tune into Marcus & Millichap coronavirus webcast
Here’s how the coronavirus-caused economic plunge is different from 2008.
04/01/2020
Kimco puts $800 million cash on its balance sheet to ride out the pandemic
One of North America’s largest publicly traded owners and operators of grocery-anchored centers and mixed-use assets has girded itself against coronavirus by obtaining a $375 million unsecured term loan.
04/01/2020
NYC leasing agent: 40% of shutdown businesses won’t re-open
One retail leasing agent in New York foresees bleak consequences in the aftermath of the coronavirus pandemic, with retail vacancy rates hitting 50%.
03/30/2020
ICSC’s McGee asks Congress to create fund for ailing retail businesses
International Council of Shopping Centers president Tom McGee has urged Congress to pass a recovery fund bill for businesses debilitated by the coronavirus pandemic.
03/30/2020
Simon furloughs 30% of its workforce
The nation’s biggest, which had temporarily closed all of its properties, is now shedding nearly a third of its workforce.
03/30/2020
PREIT takes actions to improve liquidity by $300 million during Coronavirus pandemic
Pennsylvania’s largest owner of enclosed malls has taken actions to strengthen its balance sheet and create $300 million in incremental liquidity.
03/23/2020
RPAI scales down redevelopment plans at Carillon
In reaction to the sudden economic downturn, Retail Properties of America, Inc., has decided to halt vertical construction plans at its Carillon project, which resides in Maryland between Baltimore and Washington, D.C.
03/17/2020
5Qs for Stephen Congel on hard times
Being a developer who’s ever bullish on the stature of retail real estate, we decided to ask Stephen Congel about aggressive adherence to the physical marketplace.
03/10/2020
JLL claims cap rate record on 7-Eleven sale
JLL claims to have netted a record in its sale of a net-lease property in Orlando, Fla.
03/09/2020
Anthropologie to make its Gainesville debut at new town center
Anthropologie has announced it will open in North Central Florida later this year at the new Butler Town Center in Gainesville.