Brian Louis
General Growth monitoring Westfield sales to choose own strategy
NEW YORK - The CEO of General Growth Properties Inc., the parent company of Providence Place, said he’s watching rival mall owner Westfield Group’s...
Pershing’s Ackman says he is short Simon Property shares
NEW YORK - Bill Ackman, part of a group of investors that brought General Growth Properties Inc. out of bankruptcy last year, said he...
U.S. property deals may double as Blackstone bets on rebound
CHICAGO - U.S. commercial property purchases may double this year as confidence builds among investors with access to credit and equity that values will...
General Growth reports fourth-quarter profit, beating estimates
CHICAGO - General Growth Properties Inc., the parent company of Providence Place, reported a surprise profit excluding some items in the fourth quarter as...
Fairholme to sell General Growth stake to Brookfield in a deal...
CHICAGO - Fairholme Capital Management LLC, the investment firm run by Bruce Berkowitz, said its funds will sell their stake in General Growth Properties...
General Growth’s Michaels, Gern to leave as new CEO takes over
CHICAGO - General Growth Properties Inc., the owner of Providence Place, said two top executives are stepping down as Sandeep Mathrani prepares to take...
General Growth to record $537 million impairment for spinoff
CHICAGO - General Growth Properties Inc., the parent company of Providence Place, will record a charge of about $537 million related to the value...
General Growth prices share offering at $14.75
CHICAGO - General Growth Properties Inc., the second-largest U.S. mall owner and the parent company of Providence Place, said an offering of 135 million...
General Growth exits biggest real estate bankruptcy; shares begin trading
(Updated, 9 a.m.)
CHICAGO - General Growth Properties Inc., the second-largest U.S. mall owner and the parent company of Providence Place, exited from the biggest...
General Growth’s new chief to receive $1.2M base salary, $1M signing...
CHICAGO - General Growth Properties Inc., the shopping-mall company planning to exit bankruptcy this month, will pay new CEO Sandeep Mathrani a $1.2 million...
