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The shopping mall portion of the company became a publicly held real estate investment trust, Crown American Realty Trust, and Crown American Hotels controlled the company's hospitality businesses. At its peak, Crown American operated 30 shopping malls, the Hess's department store chain (with 73 locations), and 20 hotels and motels.
The Neshaminy Mall, once a powerhouse of Lower Bucks County retail, is for sale “as is,” according to a real estate listing. The fixer-upper, owned by Brookfield Properties sits nearly empty ...
The company was founded by Sylvan M. Cohen (1914-2001) in 1960 following the passage of the Real Estate Investment Trust Act, which allowed real estate trusts to access money from public investment. [ 1 ] [ 2 ] In 1997, the company acquired The Rubin Organization for $260 million, and founder and chief executive officer Ronald Rubin became CEO ...
CBL Properties (previously CBL & Associates, Inc., then CBL & Associates Properties, Inc.) is an American real estate investment trust that invests in shopping centers and owns shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. [1]
A Myrtle Beach hotel and resort on the oceanfront is for sale less than six months after being purchased. Indigo Tower, a 54-room hotel built in 1974, is for sale, according to its LoopNet posting ...
Kushner Real Estate Group, also known as the KRE Group is an American real estate development company based in Bridgewater, New Jersey. [citation needed] The company has developed, owns, and manages properties throughout New Jersey, New York, and Pennsylvania, including more than 6,000,000 square feet of commercial industrial, and retail property, and more than 9,000 existing apartments, with ...
The Puntacana Hotel. The Puntacana Hotel: Initially a hotel property with 10 two-room villas in 1971, it now has 130 rooms and 21 beach casitas.The hotel was completely refurbished in October 2009 [9] and offers activities such as windsurfing, kiteboarding, whale watching, waterskiing, canoeing, deep-sea and shallow-water fishing, snorkelling, and scuba diving.
Simon Baron Development, a New York-based real estate developer, acquired the building in late 2015 through the 99-year ground lease, and initially planned to renovate it as half hotel, half ...