Published: March 8, 2012
Tags: Farallon Capital Management, mall, Simon Property Group, The Mills
Simon Property Group, the biggest mall operator in the U.S., announced Thursday that it is buying joint venture partner Farallon Capital Management LLC’s interest in 26 U.S. shopping malls owned by The Mills LP for $1.5 billion.
Published: November 12, 2010
Tags: Boston Store, Greendale, JC Penney, John Hermes, Kohlís, Northridge Mall, Sears, Simon Property Group, Southridge Mall, Todd Michaels, United States Bowling Congress
By Marie Rohde Greendale residents and political leaders agree that as the Southridge Mall goes, so goes the community. That concern prompted a proposal for creation of a $15.85 million development district, a move that Greendale officials are counting on to save the mall and the village. “The mall is our largest taxpayer,” said Greendale [...]
Published: July 13, 2010
Tags: Chapter 11, General Growth, mall, Simon Property Group, Spinco
Chicago (AP) — General Growth Properties Inc. reported Tuesday it filed a proposed reorganization plan with a federal bankruptcy court and expects to emerge from Chapter 11 protection this fall as two separate companies. The real estate investment trust filed the nation’s largest real estate bankruptcy case in U.S. history 15 months ago. At the [...]
Published: March 17, 2010
Tags: Appleton, Brookfield Asset Management, Eau Claire, Fairholme Capital Management, Fox River Mall, General Growth Properties, Mayfair Mall, Oakwood Mall, Pershing Square Capital Management, Simon Property Group, Wauwatosa
By Alex Veiga AP Business Writer Los Angeles — Simon Property Group Inc. is considering raising its $10 billion buyout offer for rival shopping mall owner General Growth Properties Inc. as early as this week, two people familiar with the matter said. Simon sent a letter to General Growth this week saying it anticipates boosting [...]
Published: March 4, 2010
Tags: Appleton, Brookfield Asset Management, Chapter 11 bankruptcy, Eau Claire, Fox River Mall, General Growth Properties, Mayfair Mall, Oakwood Mall, Simon Property Group, Wauwatosa
By Alex Veiga AP Real Estate Writer Los Angeles (AP) — Shopping mall operator General Growth Properties Inc. will have four more months to sort out its exit from Chapter 11 bankruptcy and weigh buyout offers. U.S. Bankruptcy Judge Allan Gropper in New York extended the period the company — which owns three malls in [...]
Published: February 16, 2010
Tags: Bay Park Square in Green Bay, Fashion Valley Mall in San Diego, Forest Mall in Fond du Lac, Fox River Mall in Appleton, General Growth Properties, Glendale Galleria in Southern California, Houston Galleria, Johnson Creek Premium Outlets in Johnson Creek, Mayfair Mall in Wauwatosa, Oakwood Mall in Eau Claire, Simon Property Group, South Street Seaport in Manhattan, Southridge Mall in Greendale
Indianapolis (AP) — The nation’s largest shopping mall owner, Simon Property Group, made a $10 billion hostile bid Tuesday to acquire its ailing rival, General Growth Properties. The deal would allow General Growth, the No. 2 owner of shopping centers, to emerge from Chapter 11 bankruptcy protection. General Growth filed for bankruptcy protection last year [...]
Published: September 16, 2009
Tags: Indiana Pacers, Mall of America, Melvin Simon, Simon Property Group
Tom Davies AP Writer Indianapolis (AP) — Melvin Simon, the son of a New York City tailor who started what is now the country’s largest shopping mall company and owned the NBA’s Indiana Pacers with his brother, died Wednesday, a spokesman said. He was 82. Les Morris, a spokesman for Simon Property Group, which Simon [...]
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