The owner-operator of Destiny USA has announced it secured a commercial mortgage-backed securities debt package to refinance its Crossgates Commons in Albany.
Located at Main and Main in top markets, Class A regional malls sit on valuable real estate -- and mall REITs are taking advantage of that to raise capital.
If you have stores in Slate Grocery centers in Minnesota, Illinois, or North Dakota, chances are you’ll now be dealing with real estate professionals from Pine Tree.
Ridge Hill, a prime mixed-use center that sits atop a scenic hill in Yonkers, NY, is due for the kind of repositioning that made Avalon center the toast of Alpharetta, Ga.
PREIT has been doing it, CBL is doing it, and now another big mall owner is offering special lease terms to local and minority-owned businesses to add variety to its tenant lineups.
A New Jersey-based real estate investment firm, most of whose 43 outdoor centers are found east of the Mississippi River, has purchased its first property in Texas.