Fwd: Lloyd center research

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Vueli

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May 23, 2013, 10:50:09 PM5/23/13
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From: Pengsee Her <pengs...@yahoo.com>
Date: May 23, 2013, 7:31:47 PM PDT
To: "li....@pdx.edu" <li....@pdx.edu>
Subject: Lloyd center research

Hi everyone. 

Remember lloyd center blew us off because of investors. This explains the possible resistance that we were trying to identify. The lloyd mall was in debt and with that needed investors who right now are selling pieces of property ownership. This is why they are not focusing on sustainability because their financial state is rocky. It's important for us to inform ISS and LED about this. 

This article gives us a good idea of what glimcher has done in regards to being green (they're not a total failure): 

This article basically explains the investors that lloyd center was talking about. This deal closed middle of this month. So I assume that this was one of the locations DDR was looking at purchasing. The last link shows the list of 30 malls they now own. Lloyd center is the 14 that wasn't bought. All 44 of blackstones shopping mall propertied were part of this venture. They own solely 30 and the other 14 are owned by blackstone (95%) and also DDR (5%).



Ill be working on this a but more. Let me know what you guys think. 

Thanks, 
Li Vue
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