<div id="subtitle">Mall operator General Growth Properties files for Chapter 11 bankruptcy protection</div><div><p>In its drive to become the second-largest owner of shopping malls in the nation, General Growth Properties Inc. racked up $27 billion in debt. At around 2 a.m. in Chicago on ...
<div id="subtitle">Weingarten Realty Investors expands, extends tender offer</div><div><p>Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it's giving investors to decide on the maximum ...
<div><p>NEW YORK (Reuters) - Many real estate investment trusts (REITs) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may be feeling a new sense of longevity.</p><p>What a difference $14 billion makes.</p><p> ...
<div id="subtitle">Judge dismisses lenders' motion to keep General Growth subsidiaries out of bankruptcy</div><div><p>Shopping mall operator General Growth Properties Inc. said Tuesday night that a bankruptcy judge has denied a motion by a group of lenders to keep a handful of its subsidiaries ...
<div id="subtitle">U-Store-It makes $161.2M from public offering of 32.2M common shares; plans to pay off debt</div><div><p>Self storage company U-Store-It Trust said Wednesday it made $161.2 million from a public offering of 32.2 million common shares.</p><p>The ...
<div id="subtitle">Macerich, private equity firm announce joint venture in Colo. mall</div><div><p>The operating partnership of Macerich Co., a real estate investment trust that invests in shopping malls, and a private equity firm announced Thursday a joint venture in a Colorado mall.</p><p> ...
<div id="subtitle">Goldman upgrades 3 REITs, saying there's a bottom within a year and a half and debt costs low</div><div><p>A Goldman Sachs analyst upgraded his view of real estate investment trusts Thursday, predicting a bottom in industry fundamentals in the next year to ...
