Real estate services

FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday, Feb. 10, 2020, that its operating partnership, Simon Property Group, LP, will buy all of Taubman stock for $52.50 per share. (Danese Kenon/The Indianapolis Star via AP, File)
February 10, 2020 - 11:06 am
As mall-based retailers struggle to compete with the onslaught from online shopping, the companies that own and manage the malls are finding their own business models severely challenged. For the second time in as many weeks, there is a major agreement involving mall operators. The Simon Property...
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FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday, Feb. 10, 2020, that its operating partnership, Simon Property Group, LP, will buy all of Taubman stock for $52.50 per share. (Danese Kenon/The Indianapolis Star via AP, File)
February 10, 2020 - 10:58 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. is the nation's largest mall operator. It said Monday that its operating partnership, Simon...
Read More
FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday, Feb. 10, 2020, that its operating partnership, Simon Property Group, LP, will buy all of Taubman stock for $52.50 per share. (Danese Kenon/The Indianapolis Star via AP, File)
February 10, 2020 - 10:25 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. is the nation's largest mall operator. It said Monday that its operating partnership, Simon...
Read More
FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday, Feb. 10, 2020, that its operating partnership, Simon Property Group, LP, will buy all of Taubman stock for $52.50 per share. (Danese Kenon/The Indianapolis Star via AP, File)
February 10, 2020 - 8:35 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. is the nation's largest mall operator. It said Monday that its operating partnership, Simon...
Read More
February 10, 2020 - 8:04 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday that its operating partnership, Simon Property Group, LP, will buy all of Taubman...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 29, 2020. (AP Photo/Richard Drew, File)
January 29, 2020 - 1:50 pm
Stocks moved higher on Wall Street in afternoon trading Wednesday ahead of the Federal Reserve's latest interest rate policy update. The central bank was widely expected to leave its short-term interest rate unchanged. The Fed lowered rates three times last year. Investors also continued to size up...
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January 29, 2020 - 10:02 am
WASHINGTON (AP) — Americans pulled back substantially on signing contracts to buy homes in December, a possible sign of mounting affordability challenges as prices are rising faster than incomes. The National Association of Realtors said Wednesday that its pending home sales index, which measures...
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FILE - This June 13, 2019, photo shows a house with a "sold pending" sign fixed on the realtor's sign in northeast Jackson, Miss. On Monday, Dec. 30, the National Association of Realtors releases its November report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Rogelio V. Solis, File)
December 30, 2019 - 10:05 am
WASHINGTON (AP) — Americans signed more contracts to purchase homes in November, bouncing back from last month's decline, indicating that the housing market is still strong. The National Association of Realtors said Monday that its pending home sales index, which measures the numbers of purchase...
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In this Tuesday, Nov. 26, 2019, photo shows customers shopping in the shoe department at the Nordstrom NYC Flagship in New York. "Clearly, shopping is much more about an experience," said Jamie Nordstrom, president of Nordstrom stores and the great-grandson of the company's founder. “It's not just about getting through their lists. They want to bump into something new, something they didn't come into find. I think great stores do that well." (AP Photo/Mary Altaffer)
December 23, 2019 - 11:58 am
NEW YORK (AP) — To get that monogram tote bag by Louis Vuitton or leather Flashtrek sneakers by Gucci, the go-to place had been luxury department stores. Not anymore. Now, there are far more options to access exclusive labels. You can buy them at online sites like Netaporter. Or get them barely...
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In this Tuesday, Nov. 26, 2019, photo shows customers shopping in the shoe department at the Nordstrom NYC Flagship in New York. "Clearly, shopping is much more about an experience," said Jamie Nordstrom, president of Nordstrom stores and the great-grandson of the company's founder. “It's not just about getting through their lists. They want to bump into something new, something they didn't come into find. I think great stores do that well." (AP Photo/Mary Altaffer)
December 23, 2019 - 11:41 am
NEW YORK (AP) — To get that monogram tote bag by Louis Vuitton or leather Flashtrek sneakers by Gucci, the go-to place had been luxury department stores. Not anymore. Now, there are far more options to access exclusive labels. You can buy them at online sites like Netaporter. Or get them barely...
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