TCO News and Press, Taubman Centers Inc. From 09/11/20

Mall landlords like industry giant Simon Property Group (NYSE: SPG) have been hit hard by the impact of COVID-19. In fact, the story behind mall real estate investment trusts (REITs) has changed dramatically because of the pandemic. To update my thesis on the space, I traveled to 13 malls ar...

Remember going to your local mall in the ‘90s or ‘00s? Depending on the season, time of day, and day of the week, the place might not have been packed. But it did more than likely feature shoppers around every corner and in almost every store. Oh, those good old retail days...

Written by Nick Ackerman, co-produced by Stanford Chemist Nuveen Real Estate Income Fund ( JRS ) might be the best way to play a potential rebound in the beaten-down sector of REITs. Not only are REITs beaten down with the SPDR Real Estate ETF ( XLRE ) still negative for the year - but J...

Lately, the REIT market has been surging to the upside and it's attracting a lot of new interest from non-REIT investors: Data by YCharts We think that now is the best time in 10 years to invest in REITs because: Valuations are low. Interest have hit 0%. We are gradually re...

Financial Times columnist John Dizard warns investors to watch closely Brookfield Property Partners ( BPY +0.6% ) and Brookfield Property REIT ( BPYU -2.1% ) shares next week . More news on: Brookfield Property Partners L.P., Brookfield Property REIT Inc., Brookfield Asset Managem...

Lately, the news coming out from the REIT sector has been very negative. Tenants are missing rent payments. Some are not renewing leases. Cash flow is taking a hit. And as a result, REITs have missed expectations, cut dividends, and their share prices have been highly volatile: Dat...

Articles about malls and the Real Estate Investment Trusts (“REITs”) that own many of them are full of very definite statements and opinions. So are many of the comments on this subject. Unfortunately, these are rarely well justified. My goal lately regarding malls has been to ...

In February of this year, Taubman Centers ( TCO ) agreed to be acquired by Simon Property Group ( SPG ) in an all cash transaction that valued TCO at $52.50 a share, a tremendous premium to the high $20's where they were trading prior to the announcement. Shares of course bounded up to that ...

Sandell Asset Management portfolio value stands at $249.9M according to its latest 13F . More news on: Gogo Inc., United States Cellular Corporation, TEGNA Inc., Tech stocks news, Healthcare stocks news, News on ETFs Read more ...

Less new deals. Less open deals. The M&A cupboard is as bare as it has been in more than a decade. Some deals have broken and more have had price cuts. Many have closed and a bunch more are on the verge of closing. Still there are always opportunities for those who do the work. One place...