New Hyde Park

New Hyde Park News

  • Kimco Venture to Sell Mexican Properties for $600 Million

    Kimco Realty Corp., the largest U.S. shopping-center owner, and a joint-venture partner agreed to sell their stakes in 87 Mexican industrial properties to a local real estate investment trust in a $600 million deal.

  • Blackstone Said to Explore Brixmor IPO by End of the Year

    Blackstone Group LP is considering an initial public offering of its Brixmor Property Group shopping- center unit by year’s end, taking advantage of a stock-market rally as it starts to sell real estate assets.

  • Kimco Subpoenaed by Regulators at Part of Wal-Mart Probe

    Kimco Realty Corp., the largest U.S. shopping-center owner, said it received a subpoena from the Securities and Exchange Commission related to a Wal-Mart Stores Inc. investigation.

  • Blackstone to Buy Stake in 40 U.S. Shopping Centers

    Blackstone Group LP, the largest private-equity firm, agreed to buy a majority stake in 40 U.S. shopping centers from UBS AB property funds in a deal valued at about $1.1 billion, as it expands its retail holdings.

  • Citigroup, Galleon, Wal-Mart, Altria in Court News

    Norges Bank, Norway’s central bank, sued Citigroup Inc. along with Chief Executive Officer Vikram Pandit and Chairman Richard Parsons over $835 million in losses in Citigroup stock and bonds.

  • Starwood Capital to Buy Kimco Realty’s InTown Suites

    Starwood Capital Group LLC, the real estate investment firm led by Barry Sternlicht, agreed to buy the InTown Suites extended-stay hotel chain from a Kimco Realty Corp. venture for $735 million, including debt.

  • Litwin Foundation Sues SEC for `Negligence' Over Madoff Investment Losses

    The Litwin Foundation, a victim of convicted con man Bernard Madoff , sued the U.S. Securities Exchange Commission for “negligence” in failing to uncover the $65 billion Ponzi scheme.

  • Kimco First-Quarter FFO Falls 8.6% as Deal Income Unrepeated

    Kimco Realty Corp. , the largest U.S. owner of community shopping centers, said funds from operations fell 8.6 percent in the first quarter as some income from transactions a year ago wasn’t repeated.

  • Asness Meets ‘Grim Reaper’ Before Fund Rebounds From 50% Loss

    Clifford Asness , who runs AQR Capital Management LLC, one of the world’s biggest hedge funds, says fellow fund managers gouge their clients by charging exorbitant fees for just tracking the markets. He also takes a dim view of the administration of President Barack Obama , calling his economic team “Cossacks on a shtetl,” a reference to the Russian cavalrymen who sacked Jewish villages in Eastern Europe in the 19th century.

  • The Quant Who Won't Shut Up

    After losses of more than 50 percent in 2007 and 2008, Cliff Asness of AQR Capital Management is starting new hedge and mutual funds--and sounding off on everything from taxes to Tea Partiers.

Advertisement
Sponsored Links
Advertisement
Curation software by Lingospot