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Archive for the Category ‘REITs’

Economy Watch: GGP on its Feet?

Economy Watch: GGP on its Feet?

Chicago-based General Growth Properties Inc. may be able to sidestep Simon Property Group and other unwanted suitors under a formal proposal made on Monday by Fairholme Capital Management L.L.C., one of its largest unsecured creditors, and Pershing Square Capital Management, one of GGP’s largest equity holders and a significant unsecured creditor as well.

Nationwide Acquires Five Pacific Medical Buildings to the Tune of $211M

Nationwide Acquires Five Pacific Medical Buildings to the Tune of $211M

Newport Beach, Calif.-based Nationwide Health Properties has acquired five additional medical buildings with an aggregate transaction value of $211 million.

Inland Western Leases 316,050 SF of Big-Box Space

Inland Western Leases 316,050 SF of Big-Box Space

Oak Brook, Ill.-based Inland Western Retail Real Estate Trust has signed 10 new leases totaling 316,050 square feet of big-box space since November 2009.

General Growth Plans Return to NYSE

General Growth Plans Return to NYSE

General Growth Properties is looking to get back to where it once belonged.

Healthcare Trust Goes on $84M MOB Shopping Spree

Healthcare Trust Goes on $84M MOB Shopping Spree

When it comes to occupancy levels, the medical office building sector has been faring a great deal better than the traditional office market, and Healthcare Trust of America Inc. is doing its level best to enhance its portfolio at a time when many office property owners are still sitting on the sidelines.

Healthcare Trust of America Acquires 54,800 SF Medical Office Portfolio for $10.5M

Healthcare Trust of America Acquires 54,800 SF Medical Office Portfolio for $10.5M

Healthcare Trust of America, Inc., on Thursday announced its acquisition of a Pearland, Tex. medical office portfolio for $10.5 million. The purchase expands the real estate investment trust’s Texas portfolio to more than one million square feet.

Starwood to Acquire $503M Loan Portfolio

Starwood to Acquire $503M Loan Portfolio

Real estate finance and investment REIT Starwood Property Trust announced on Friday that it will acquire a $503 million portfolio of performing commercial loans from TIAA-CREF.

GGP to Simon: $10B Offer ‘Not Sufficient’

GGP to Simon: $10B Offer ‘Not Sufficient’

General Growth Properties has a message for fellow mall operator Simon Property Group: Thanks, but you’ve got competition.

Simon Makes $10B Bid for GGP

Simon Makes $10B Bid for GGP

As troubled shopping-mall REIT General Growth Properties struggles to regain its footing after bankruptcy reorganization, a possible buyer has emerged in the form of fellow mall owner Simon Property Group.

Lone Star Funds Rescues Long-Suffering Lodgian with $270M Acquisition

Lone Star Funds Rescues Long-Suffering Lodgian with $270M Acquisition

Hotel firm Lodgian Inc. has a new lease on life after a $270M cash infusion from Lone Star Funds.

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