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National Real Estate Investor | March 26, 2018
After nearly six months, Forest City Realty Trust Inc. announced that it has ended its strategic review process—and it did not result in a sale of the company. Instead, the Cleveland-based REIT, which had been facing activist pressure to boost shareholder value, reconstituted its board to increase the number of independent directors and reduce the influence of the Ratner family. Nine directors resigned and James Ratner, former board chairman, was named interim chairman until a substitute w...
Forest City | July 28, 2016
The longtime owner of the Boulevard Mall has put the Amherst shopping center up for sale for the first time in over 50 years. The surprise recent move by Forest City Enterprises could...
Forest City | July 23, 2016
Forest City Realty Trust, Inc (FCE-A) fell -0.21% during last trading as the stock lost $-0.05 to finish the day at $23.68 with about 0.89M shares changing hands, compared to its three month average trading volume of 984.51K...
Bisnow LLC | January 16, 2020
Invesco Real Estate recently acquired Bravern Office Commons, which is fully leased to Microsoft, for $585M. The complex includes 305K SF of retail occupied by Jimmy Choo, Louis Vuitton and others, and a seven-level subterranean parking garage with 3,134 stalls. Two residential towers include 455 units. NKF’s co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director Michael Moll, Executive Managing Directors Ken White, Rob Hannan and Tim O’Keef...
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