general growth properties inc news
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General Growth to pay Hughes heirs $230 million
Chicago :: IL :: USA | over 2 years ago
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General Growth Properties Inc. says it will pay $230 million to some of the heirs of moviemaker and aviation mogul Howard Hughes to settle a dispute over a Las Vegas development. The nation's second-largest shopping mall operator,
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General Growth closer to Chapter 11 exit
Brookfield :: WI :: USA | over 2 years ago
Credibility
General Growth Properties Inc. has struck a deal for Brookfield Advisors LP to manage the new real-estate company it plans to spin off when it exits Chapter 11 protection. The mall owner is tapping Brookfield Advisors to prepare the company to
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Judge approves General Growth disclosure plan
Houston :: TX :: USA | almost 3 years ago
Credibility
A hearing on a plan that will enable General Growth Properties Inc. to emerge from the largest real estate bankruptcy in U.S. history has been scheduled for October 21, after a judge approved the proposal that will be sent out to shareholders...
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General Growth: Blackstone to invest $500M
Los Angeles :: CA :: USA | almost 3 years ago
Credibility
Asset manager Blackstone Group has agreed to invest about $500 million for shares in General Growth Properties Inc. once the shopping mall operator emerges from Chapter 11 bankruptcy protection. General Growth disclosed
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SEC Launches Probe of General Growth
Northbrook :: IL :: USA | almost 3 years ago
Credibility
The Securities and Exchange Commission has started a formal probe of possible insider trading by current and former officers and directors of mall owner General Growth Properties Inc. General Growth, which has operated under bankruptcy protection
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More objections to General Growth plan
Chicago :: IL :: USA | almost 3 years ago
Credibility
General Growth filed for Chapter 11 protection from creditors in April 2009. (Alex Garcia/Chicago Tribune) The former shareholders of Hughes Corp. Wednesday filed an objection to General Growth Properties Inc's plan to emerge from bankruptcy, saying
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Mainland firms buying Pearlridge
Los Angeles :: CA :: USA | almost 3 years ago
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HST, Aug 03, 2010 Pearlridge Center, Hawaii's second-largest shopping mall, is being sold to a partnership between two mainland real estate giants in a deal valued at nearly $250 million. The Blackstone Group LP of New York and Glimcher Realty Trust,
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Mall giant plans to keep Minnesota properties
Chicago :: IL :: USA | almost 3 years ago
Credibility
Tuesday that call for it to split itself in two but continue to operate all six of its malls in Minnesota. After restructuring some $15 billion in secured debt, scoring up to $8.6 billion in new capital and landing a $500 million equity investment
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General Growth files reorganization plan
Chicago :: IL :: USA | almost 3 years ago
Credibility
Mall owner General Growth Properties Inc. says it filed a proposed reorganization plan with a federal bankruptcy court. And it expects to emerge from Chapter 11 protection this fall as two separate companies.
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Teacher Retirement System of Texas to invest $500 million in mall owner General Growth Properties
Lewisville :: TX :: USA | almost 3 years ago
Credibility
The agreement, subject to bankruptcy court approval, will strengthen General Growth's capital structure when it emerges from Chapter 11 as early as October, they said. Chicago-based General Growth, the nation's second-largest mall owner after Simon
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