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Simon Property boosts its bid for Macerich to $16.8B

...Simon Property Group Inc., an Indianapolis real estate investment trust, went hostile earlier this month in making...based in Santa Monica, California, is a real estate investment trust that owns 51 shopping centers around the country...

http://chronicle.augusta.com/news/business/2015-03-20/simon-property-boosts-its-
Sears 4Q loss narrows, sales slide as business shifts

...percent. Both Sears and Kmart were hurt by weak consumer electronics sales.The company's plans to form a real estate investment trust are moving forward and it expects it to create and separate that company in May or June. It anticipates between...

http://chronicle.augusta.com/news/business/2015-02-26/sears-4q-loss-narrows-sale
Market limits firm's stock

...values in the company's region, company executives told shareholders Monday. During the Augusta-based real estate investment trust's annual meeting at the Radisson Riverfront Hotel Augusta, executives said overbuilding in the South has...

http://chronicle.augusta.com/stories/1997/04/22/biz_207175.shtml
XXX Bizarre
Sears 3Q loss widens as retailer reshapes itself

...Thursday it is might sell 200 to 300 of its buildings to boost its liquidity. The maneuver would entail forming a real estate investment trust that would hold the stores. Sears would continue to operate the stores by leasing them back.At the same...

http://chronicle.augusta.com/news/business/2014-12-04/sears-3q-loss-widens-retai
Sears explores sale-leaseback deal of buildings

...selling about 200 to 300 of its buildings to boost its liquidity.The move would entail the company forming a real estate investment trust, or REIT, that would hold the stores. Sears would continue to operate in the stores by leasing them back...

http://chronicle.augusta.com/news/business/2014-11-07/sears-explores-sale-leaseb
CBS stock up almost 46 percent

...in 2015 and 2016.Those fees, plus the looming conversion of its U.S. outdoor billboard business into a real estate investment trust, are expected to generate billions in revenue that the company is expected to use to buy back shares.Last...

http://chronicle.augusta.com/news/business/2013-09-27/cbs-stock-almost-46-percen
Augusta weekly wage data opens eyes on certain professions

...weekly wage. BROKERING A DEAL: News came in that Blanchard and Calhoun Commercial represented the buyer, a real estate investment trust, in the $9 million sale of a 67,000 square foot Publix-anchored shopping center in Lithia Springs, Ga...

http://chronicle.augusta.com/content/blog-post/tim-rausch/2013-08-16/augusta-wee
Merry Land to pay off debt

...National Bank. The loan frees Merry Land from its debt obligations to Equity Residential, the Chicago apartment real estate investment trust that merged last year with Merry Land's predecessor, Merry Land & Investment Co. It will also save the...

http://chronicle.augusta.com/stories/1999/06/25/bus_264362.shtml
Business
MerryLand acquires six apartment complexes

...for $54 million. Merry Land was a partner in the properties with Equity Residential, the Chicago apartment real estate investment trust that merged last year with the local company's predecessor, Merry Land & Investment Co. The acquisition...

http://chronicle.augusta.com/stories/1999/08/24/bus_268500.shtml
Business
Biz bits

...seek bankruptcy protection if it can't refinance or extend nearly $1 billion in debt due next month. The real estate investment trust also has another $3.07 billion in property and corporate debt slated to come due in 2009. Morris Publishing...

http://chronicle.augusta.com/stories/2008/11/13/bus_483219.shtml
Business