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properties

One Expensive Bankruptcy Case

May 3, 2011

An old adage says it is expensive to go broke. It sure was for mall owner General Growth Properties, which has been presented with a bill for $229.2 million in fees and $6.5 million in reimbursements.

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Good Time for Mall Shopping

April 19, 2011

It is spring selling season for U.S. mall landlords, with property giants Westfield Group, Simon Property Group and General Growth Properties marketing 40 malls across the country.

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Fannie to Sell Apartment Stake to Related

April 5, 2011

The real-estate company controlled by Stephen Ross would purchase a 25% interest in the properties valued at about $300 million.

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Caruso Snags Nordstrom From GGP in Glendale Mall Battle

March 16, 2011

Developer Rick Caruso has struck the latest blow in the continuing battle between his Americana at Brand mall and General Growth Properties’ Glendale Galleria in California.

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Bonuses at GGP: $181.5 Million

March 15, 2011

The top 48 executives who saw mall owner General Growth Properties through its 19-month bankruptcy got a rich reward: $181.5 million in cash bonuses.

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