Tag Archive for Westfield Group

The Mensch & Schlemiel of the Week

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Mensch:  Noun, informal. A decent, upright, mature and responsible person.  Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week: Frank Lowy, Westfield Group I’m making Israeli-Australian businessman Frank Lowy our Mensch…

Commercial Real Estate Week in Review

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Week in Review for November 30-December 6: Hilton Worldwide hopes to raise as much as $2.7 billion in its upcoming IPO, the lodging company reveals in a new regulatory filing. The company previously forecast proceeds of $1.25 billion, reports CoStar.…

Gridlock and the Modern Developer

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Americans and Europeans have very different relationships to space, at least when it comes to community planning and building design. One reason for this is simply the fact that, in America, space is plentiful. In Europe, not so much. Maybe…

Desert Island Retail

Thankfully, I don’t fly nearly as often as I used to. I’m okay with flying–it’s the airports I have a problem with. No matter how uncomfortable a four-hour flight on Southwest may be, it’s still preferable to the endless, serpentine Security…

Commercial Real Estate Week in Review

Week in Review for December 1 – 7: – Major institutional investors such as Blackstone (NYSE: BX) and Colony Financial (NYSE: CLNY) are raising hundreds of millions of dollars to acquire enormous single-family portfolios, reports CoStar Group. However, analysts warn…

U.S.A., Meet Brazil

In the U.S., the commercial real estate industry is liable to take certain things for granted: 1) that America is the strongest and most popular market for foreign investment, and 2) that America will always possess that status. The first…

Bringing Back the Dinosaur

Last week, I discussed the dire circumstances of many neighborhood and regional shopping malls in the U.S. While some malls are blessed with a recession-proof market, a superior brand or location, or non-retail features, many traditional shopping malls are struggling…

Commercial Real Estate Week In Review

Commercial Real Estate Week in Review for the week of October 23 to October 29 -General Growth Properties wants Vornado Realty Trust’s Sandeep Mathrani to be its CEO. -Apple REIT Nine acquired four hotels in Texas and PA for $60…