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Report On:

General Growth Properties, Inc. (GGP)

FINANCIAL - Real Estate - REIT - Retail
Generated: Thursday September 15, 2011 04:11 AM

Management Turnover

Announced and unannounced management turnover detected by FirstRain

 

hire

 

departure

 

internal move

  • Sheli Z Rosenberg | Aug 3,'11 | Full StoryGGP  Board of Directors
      
  • Mark R Patterson | Aug 3,'11 | Full Story  
    GGP  Board of Directors
  • Ed Hoyt | Jun 21,'11 | Full StoryGGP  Chief Accounting Officer
      

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Quotes About General Growth Properties, Inc.

  • City OK's new operator for Faneuil Hall Marketplace
    My number one priority is to support the merchants of Faneuil Hall Marketplace,"
    - Thomas M. Menino
  • The Media and Bank of America
    comment. Now we need to talk about actual profits vs non cash charges. See $BAC actually MAKES ~ $36B a year in pre-tax/provision profits. This is lost on those who don't do the work on it. All the write-offs many harp on, come out of those cash profits creating a "
  • Mall operator brings baker in from road
    We certainly aim to provide the best in retail and entertainment, but we also look for creative, diverse and unique selections,"
    - Alan Barocas

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Latest Company Intelligence

  • General Growth refinances pair of properties 
    Yahoo! Finance  | Sep 14,'11

    On Wednesday September 14, 2011, 9:31 am NEW YORK (AP) -- General Growth Properties refinanced its Staten Island Mall and Boise Towne Square properties for combined loan proceeds of $413 million at a weighted average interest rate of 4.78 percent, the company said Wednesday.
  • Faneuil Hall under new ownership 
    The BBJ's Morning Roundup - Bizjournals  | Sep 9,'11

    Boston officials have approved New York-based Ashkenazy Acquisition Corp.'s purchase of the lease for Faneuil Hall Marketplace from General Growth Properties after reviewing the company's financials and its capital improvement plans for the shopping center, the Boston Herald reports. The Boston Redevelopment Authority had previously put the brakes on the purchase when General Growth
  • Retail Owners Get Into Asset Swaps 
    TrafficCourt  | Sep 8,'11

    Continuing a trend started by Macerich Co. and General Growth Properties several months ago, Developers Diversified Realty and Glimcher Property Trust just announced they will be swapping assets they feel are better alligned with the other's property platform. DDR will sell Glimcher its Town Center Plaza , a 650,000-square-foot open-air mall in Kansas City, Kan. for $139 million. In
  • The Media and Bank of America 
    ValuePlays  | Aug 30,'11

    As I continue to dig deeper into $BAC , I am struck by something. The coverage of it is eerily similar to the same type of superficial skim the surface without actually doing work on it “reporting” that drove me crazy during the General Growth Properties $GGP saga. If you remember back then they were first saying shareholders would be left penniless then told shareholders to take a $9
  • General Growth Spinoff Rouse Plans to Spend $230 Million on Shopping Malls 
    Bloomberg.com  | Aug 29,'11

    Rouse Properties Inc., the mall owner that will be spun off from General Growth Properties Inc. (GGP) , plans to spend $230 million on improvements to its malls through 2015 as rents and occupancies fall. Rouse expects the investment will lift its occupancy rate to 93 percent and annual net operating income to more than $200 million, the Chicago-based company said in a regulatory filing

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