ICSC President Tom McGee (ICSC via YouTube, iStock) Retailers were already suffering in the hands of the coronavirus pandemic. Now, even their trade association is struggling. The International Council of Shopping Centers is laying off ...
David Simon of Simon Property Group and Robert Taubman of Taubman Centers (Getty) Nearly two decades ago, the Taubman family ferociously fended off a hostile takeover of their mall company from Simon Property Group. Now the roles are ...
Eric Garcetti, Nury Martinez, and Daniel Yukelson (Credit: Marc Flores and Alberto E. Rodriguez via Getty Imahes, Linkedin, and iStock) Los Angeles’ main landlord trade group has filed a lawsuit challenging the city’s residential ...
Daniel Kretinsky (Getty) Daniel Kretinsky was in it for a good time not a long time. After the Czech billionaire’s firm purchased a 5 percent stake in Macy’s last month, the company said this week that its stake was down to 0.7 ...
The development site at 2830-2900 E. Washington Boulevard (Credit: Google Maps) Camfield Partners is planning a 75,000-square-foot warehouse flex development at the southern edge of Boyle Heights. The Laguna Hills-based firm led by Ken ...
Stephen Ross and Hudson Yards (Getty, iStock) Related Companies, one of the EB-5 program’s biggest proponents, is halting payments to such investors in Hudson Yards because of volatility caused by the pandemic. In a letter sent last ...
A new report says the virus will harm shopping malls especially (iStock) As many as 25,000 retail stores may close this year due to the coronavirus pandemic, with a majority closing in shopping malls, further hastening the industry’s ...
Spelling Manor with Sam Palmer and Petra Ecclestone (Hilton & Hyland, Getty, iStock) What does it take to run one of the largest private residences in the world? A full-time staff of dozens and a mind for management, for starters. ...
Daniel Yukelson of Apartment Association of Greater L.A. and L.A. City hall (Credit: iStock) Kevin Conway’s June rent collections weren’t any worse than May or April, but then again those months were historically awful. Conway, the ...
Tech giants Facebook, Twitter, Apple, Google and Netflix have inked massive new office leases across the country in recent years. How much could the pandemic change that? (iStock) For those in the very physical world of commercial real ...