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Covid backdrop for CBRE annual market overview - Buffalo Business First

Covid backdrop for CBRE annual market overview - Buffalo Business First
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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The Macerich Company (MAC) Q4 2020 Earnings Call Transcript

Operator
Good day, and welcome to The Macerich Company fourth-quarter 2020 earnings conference call. Today s conference is being recorded. And at this time, I d like to turn the conference over to Jean Wood, vice president of investor relations. Please go ahead.
Jean Wood
Vice President, Investor Relations
Thank you for joining us on our fourth-quarter 2020 earnings call. During the course of this call, we will be making certain statements that may be deemed forward-looking within the meaning of the safe harbor of the Private Securities Litigation Reform Act of 1995, including statements regarding projections, plans, or future expectations. Actual results may differ materially due to a variety of risks and uncertainties set forth in today s press release and our SEC filings, including the adverse impact of the novel coronavirus, COVID-19, on the U.S., regional and global economies and the financial condition and results of operations of the company and its tenan ....

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Vegas mall that lost 95% of value might be just the beginning

Vegas mall that lost 95% of value might be just the beginning
nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.

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Las Vegas' Prizm Outlets Mall Loses 95% of Value

Vegas Mall That Lost 95% of Value Might Be Just the Beginning
The mall formerly known as the Fashion Outlets of Las Vegas was auctioned off this week for $1.525 million.
Bloomberg | Jan 29, 2021
(Bloomberg) The Prizm Outlets mall, about a 40-minute drive south of Las Vegas on the California border, lost 95% of its value in six months. It may not be the last mall to do so.
Formerly known as the Fashion Outlets of Las Vegas, the Primm, Nevada mall was auctioned off on Wednesday at a final price of $1.525 million, compared with a $28.2 million appraisal in July, according to a person with knowledge of the results on commercial real estate auction site Ten-X. The buyer wasn’t disclosed. ....

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Hudson Pacific Properties and Macerich to Fund Major Grant for Local Artists Impacted by COVID-19

Hudson Pacific Properties and Macerich to Fund Major Grant for Local Artists Impacted by COVID-19
Hudson Pacific Properties, Inc. (Hudson Pacific) (NYSE: HPP
), a Los Angeles-based real estate investment company focused on West Coast epicenters of media and tech, and
Macerich (NYSE: MAC), one of the nations leading owners, operators and developers of one-of-a-kind retail properties in top markets, announced today that they will fast-track more than $650,000 to artists in Los Angeles impacted by COVID-19 through the Vibrant Cities Arts Grant. The funds are associated with the One Westside project, a joint venture between Hudson Pacific and Macerich, which is converting the former Westside Pavilion mall into Googles newest Los Angeles campus. Consistent with the joint venture structure, Hudson Pacific will fund the majority of the Vibrant Cities Arts Grant. ....

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