Ema buys SPG 187.48: That will be a topic for discussion on the Q3-15 earnings call.

WPG has also previously mentioned the willingness to issue common equity, but current pricing is far from levels that make sense today. Earlier in 2015, WPG took advantage of available balance sheet capacity to move forward with its strategic merger with Glimcher. The ability to learn from a world class organization like Simon presents a unique opportunity for WPG to create a best-in-class operating platform. We have a new team, an unproven portfolio and are building our platform. Market is still focused on WPG's integration risk.


Caroyln:
Digging deeper, we can see that WPG is focused on value creation through tactical redevelopment efforts.

Sadye:
However, in the short time as a public company, WPG has achieved success in re-tenanting department store anchors.

Beatris:
I argue that there is upside with below-market rents, but there is also risk when tenants vacate.

Mayme:
So WPG must also absorb taxes, insurance, and CAM costs when the tenants stop paying rent.

Fredda:
Remember, this portfolio is unique in that it consists of 78% malls and 22% community centers.

Lizabeth:
With less than a year of performance, it's time to examine how the 121 property portfolio (68 million square feet) is doing.

Chanell:
But when you look at some of these mall REITs that are family-founded and still have significant family involvement, it creates a little bit of a barrier in your mind toward these kinds of transactions.

Vita:
Glimcher, like Simon, is a family name, and family businesses tend to have, in the REIT space as anywhere else, particularly high walls around them.

Hertha:
Despite the apparent logic of the union, few seemed to have seen the deal coming.

Chantel:
However, since the closing (in January 2015), Mr.

Simon Property Group (NYSE:SPG)
//stockhand.net/us/?q=nyse%3Aspg&id=547391