Glimcher Realty Trust Newswire

Glimcher Realty Trust Newswire

Comprehensive Real-Time News Feed for Glimcher Realty Trust.

Results 1 - 17 of 17 in Glimcher Realty Trust

  1. Washington Prime: 9.6% Yielding Stock, 1.5x Dividend Coverage, And Potential Upside Of 85%Read the original story w/Photo

    Friday Jan 6 | Seeking Alpha

    ... WPG was spun-off from Simon Properties Group (NYSE: SPG ) in 2014 and subsequently acquired Glimcher Realty Trust in January 2015. The company has a national real estate portfolio consisting mostly of malls and community centers. Simon Properties ...

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  2. Eastland Mall tenants fret with Macy's departureRead the original story w/Photo

    Friday Jan 6 | The Columbus Dispatch

    ... the 240,000-square-foot mall at auction in 2015 for $9.7 million. That's a third of what former owner Glimcher Realty Trust paid for the mall in 2003. Frederick J. Meno, president and and CEO of Texas-based Woodmont, which manages Eastland, declined ...

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  3. Landlord raises fees for Classen Curve retailersRead the original story w/Photo

    Oct 17, 2016 | NewsOK.com

    ... they think they could do better." The property was sold to the Ohio-based real estate investment trust Glimcher Realty Trust in 2014. Glimcher also acquired the adjacent Nichols Hills Plaza shopping center and several acres of undeveloped land ...

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  4. Merritt Square Mall gets new ownerRead the original story w/Photo

    Sep 21, 2016 | Florida Today

    ... Bayview sold it to Thor Merritt Square LLC for $64.4 million, nearly double the previous sales price. Glimcher Realty Trust took control of the mall in 2007, prior to it being acquired by Washington Prime Group Inc. in January 2015. The company then ...

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  5. Desjardins Analysts Lower Earnings Estimates for Granite Real Estate Investment TrustRead the original story w/Photo

    Aug 9, 2016 | Daily Political

    Granite Real Estate Investment Trust - Equities researchers at Desjardins lowered their FY2017 earnings estimates for shares of Granite Real Estate Investment Trust in a report issued on Sunday. Desjardins analyst M. Markidis now forecasts that the firm will earn $3.53 per share for the year, down from their prior forecast of $3.55.

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  6. Polaris adding new storesRead the original story w/Photo

    Aug 1, 2016 | The Columbus Dispatch

    The new outdoor lifestyle center area of Polaris Fashion Place mall on Thursday, November 12, 2009. Glimcher Realty Trust is the owner of the mall.

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  7. After report of Kite deal, CEO of Glimcher resignsRead the original story w/Photo

    Jun 22, 2016 | Indianapolis Business News

    ... known as Washington Prime Group - a spinoff of Indianapolis-based Simon Property Group Inc. - acquired Glimcher Realty Trust in January 2015. The company is shaking up its management as shopping malls come under pressure from the rise of e-commerce ...

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  8. Merger rumors, CEO exit raise questions on WP Glimcher's futureRead the original story w/Photo

    Jun 22, 2016 | The Columbus Dispatch

    ... company also is proposing to change its name to Washington Prime Group, the name of the company that Glimcher Realty Trust merged with in 2015. "During the next few months, the focus is straightforward: maximize current cash flow of the company ..." ...

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  9. Michael Glimcher steps down from the company founded by his fatherRead the original story w/Photo

    Jun 21, 2016 | Chain Store Age

    ... Laikin, who had been the board's lead independent director. Ordan stays on as a director. The former Glimcher Realty Trust was acquired in January 2015 by the Washington Prime Group, which pledged to fast-track growth with enhanced cash flow and a ...

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  10. WP Glimcher CEO Steps Down In Leadership OverhaulRead the original story

    Jun 21, 2016 | CoStar

    WP Glimcher Chief Executive Michael P. Glimcher has resigned in a round of executive changes at the retail REIT, which is in the midst of investigating strategic alternatives. The Columbus, OH-based company also announced plans to change the company's name back to Washington Prime Group Inc., Inc., its identity when the Simon Property Group spinoff acquired Glimcher Realty Trust in 2014.

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  11. WP Glimcher CEO Resignation - Will This Become A Special Situation?Read the original story w/Photo

    Jun 21, 2016 | Seeking Alpha

    ... mall executive Michael Glimcher abruptly resigned as Vice-Chairman and CEO of the successor company to Glimcher Realty Trust. Frankly, nobody could have seen this one coming based upon the information shared with the public by this REIT during the ...

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  12. WP Glimcher CEO Steps Down as Company RebrandsRead the original story w/Photo

    Jun 20, 2016 | Wall Street Journal

    Michael P. Glimcher, whose family founded Glimcher Realty Trust, stepped down as chief executive of the retail-focused real-estate investment trust that bought the company in January 2015.

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  13. Struggling Mall Operator to Struggle AloneRead the original story w/Photo

    Jun 14, 2016 | Bloomberg

    ... into an entity called Washington Prime Group. That company then loaded up with debt to buy  Glimcher Realty Trust in January of 2015 for nearly $4 billion, a 30 percent premium to the share price at the time. 40 percent -- making ...

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  14. Kite Realty Could Be Biting Off More Than It Can ChewRead the original story w/Photo

    Jun 10, 2016 | Seeking Alpha

    ... Group, essentially the assets that Simon Property Group (NYSE: SPG ) didn't want and spun off, and Glimcher Realty Trust. The average sales per square foot across all of the enclosed malls in WP Glimcher's portfolio is $375 or so. But the REIT ...

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  15. Reuters: Kite Realty and WP Glimcher in merger talksRead the original story w/Photo

    Jun 9, 2016 | Seeking Alpha

    ... Estate Trust in 2014 for $1.2B. WP Glimcher is the product of Washington Prime Group's $2B purchase of Glimcher Realty Trust last year. Washington Prime was spun out of Simon Property Group in 2014. These guys know how to keep their bankers happy.

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  16. Glimcher Realty Trust (GRT) Given "Hold" Rating at Canaccord GenuityRead the original story w/Photo

    May 29, 2016 | AmericanBankingNews.com

    's stock had its "hold" rating reissued by stock analysts at Canaccord Genuity in a note issued to investors on Sunday. Glimcher Realty Trust , is an integrated, self-administered and self-managed Maryland REIT which was formed on September 1, 1993 to continue the business of The Glimcher Company and its affiliates, of owning, leasing, acquiring, developing and operating a portfolio of retail properties consisting of regional and super regional malls, and community shopping centers.

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  17. Granite Real Estate Investment Trust (GRT) to Post Q2 2016 Earnings...Read the original story w/Photo

    May 6, 2016 | AmericanBankingNews.com

    Granite Real Estate Investment Trust - Equities researchers at Desjardins cut their Q2 2016 earnings per share estimates for Granite Real Estate Investment Trust in a report issued on Thursday, according to Zacks Investment Research . Desjardins analyst M. Markidis now forecasts that the firm will post earnings per share of $0.86 for the quarter, down from their previous forecast of $0.88.

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