ARTICLES BY THIS AUTHOR
- 2/25/2021
Macerich seeks help from investment bank for notes that come due in July
With malls stymied by pandemic-related closures and bankrupted tenants, Macerich finds its cash flow limited and has hired the PJT Partners investment bank to help it deal with a $1.5 billion revolving credit facility that comes due in July. - 2/25/2021
Pyramid to add residential developments at all its malls
The pandemic’s historic super-charging of online shopping has forced nearly every owner-operator of enclosed malls to rethink their components. - 2/24/2021
National Harbor signs four new tenants
The Gaylord convention center and hotel at National Harbor, located just outside of Washington, D.C., in Maryland, remains closed. - 2/23/2021
Kimco and Brixmor are among the 10 Most Sustainable REITs
Two prominent developers of outdoor shopping centers have made Barron’s annual list of the 10 Most Sustainable real estate investment trusts. - 2/23/2021
5Qs for Josh Campbell on retail real estate’s new order
In the 40 years since its beginnings in Tulsa, Stan Johnson Company, a real estate investment brokerage, has done $40 billion worth of deals. - 2/23/2021
Shake Shack is 2nd tenant at new Circle East in Towson
Shake Shack opened on Feb. 20 at RPAI’s new Circle East mixed-use development in downtown Towson, Md. - 2/22/2021
Graiser: U.S. retailers are captured in a $40 billion deferral bubble
After herd immunity quells the threat of COVID-19 and masks are thrown away, retailers will still be feeling the ill-effects of the pandemic, according to Andy Graiser, co-president of A&G Real Estate Partners. - 2/22/2021
Masks gone by July? Or April? Depends on which paper you read
The achievement of herd immunity from COVID-19 in the United States—an occurrence that would drive crowds back to shops, restaurants, and theaters—could happen in July. Or April. It depends on whether you want to put more weight behind the estimates from the New York Times or the Wall Street Journal. - 2/19/2021
NewMark Merrill’s ‘Wave of Kindness’ Makes its 8th Run
One of the special aspects of the retail real estate business is that major malls and shopping centers become local focal points in scores, or even hundreds, of communities. - 2/19/2021
Avalon plans spring marketplace for local artisans
Avalon, the highly popular mixed-used center outside of Atlanta. is big on green spaces and gathering spaces but inventive with empty spaces, too.