Retail REIT's

iPath Long Enhanced S&P 500 VIX Mid Term Futures ETN (NYSE: VZZ) led the decliners among the ETFs on Friday, with a loss of 15.85%. This was the fifth consecutive trading session that VZZ closed lower. Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 6.41%, and closed at $60.16...

Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that it has amended and extended its 2010 Credit Facility with its bank group, led by Wells Fargo Bank, and refinanced the mortgage loans on two power center properties. The amendment increases the revolving portion of the...

Tanger Factory Outlet Centers, Inc., (NYSE: SKT) and Simon Property Group, Inc., (NYSE: SPG) announced today that they have entered into a definitive 50/50 joint venture agreement for the development, construction, leasing and management of a Tanger Outlet Center south of Houston, Texas. Tanger...

Citi Investment Research has a Hold rating on shares of Simon Property Group Inc (NYSE: SPG) after meeting with company management yesterday. It has a $106 price target on shares. In a note to clients, Citi Investment Research writes, "Our meetings with Simon's senior and operating management...

Citi is out with its report on Kite Realty Group (NYSE: KRG), maintaining Buy. In a note to clients, Citi writes, "Kite Realty Group is a small-cap shopping center REIT with growth driven by developments in above US average growth markets. Kite went public in August 2004. ~38% of Kite's existing...

Tanger Factory Outlet Centers (NYSE: SKT) today announced the sale of 4,000,000 common shares to Jefferies & Company, Inc. as the sole underwriter in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange...

Developers Diversified Realty Corporation (NYSE: DDR) announced today that it has refinanced its existing $550 million senior secured term loan, scheduled to mature on February 20, 2012, with a new $500 million senior secured term loan arranged by KeyBanc Capital Markets and J.P. Morgan Securities...

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today the acquisition of Prime Outlets at Jeffersonville from Ohio Factory Stores Partnership, a subsidiary of Indiana-based Simon Property Group (NYSE: SPG), for a purchase price of $134 million. The property is Ohio's largest outlet...

Tanger Factory Outlet Centers (NYSE: SKT) announced today that its operating partnership, Tanger Properties Limited Partnership, has closed on the $150 million senior unsecured bridge loan committed by Wells Fargo Bank, National Association on June 6, 2011. The loan may be used to fund the...

Seattle Genetics, Inc., (Nasdaq: SGEN) today announced that it will receive a $5 million milestone payment under its brentuximab vedotin (ADCETRISTM) collaboration with Millennium: The Takeda Oncology Company, a wholly owned subsidiary of Takeda Pharmaceutical Company Limited (TSE:4502). The...

The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded sharply lower on Monday for the second trading session in a row as the volatility came down, after the S&P 500 rebounded on the positive news from Europe. TVIX dropped 8.62%, and it closed at $23.44. Direxion Daily Real Estate Bear...

VelocityShares Daily Inverse VIX Short Term ETN (NYSE: XIV) jumped 4.38% on Monday, and it closed at $161.74. This was the second trading session in a row that XIV traded higher. iPath Dow Jones-UBS Sugar Subindex Total Return ETN (NYSE: SGG) traded higher today, along with sugar futures. SGG...

Kite Realty Group Trust (NYSE: KRG) announced today that it has acquired Lithia Crossings, a 81,000 square foot unencumbered shopping center in Tampa, Florida in an off-market transaction. Lithia Crossings is 95.5% leased and is anchored by Stein Mart. The center also features a diverse lineup of...

Index IQ rolled out the first small cap U.S. REIT ETF last week (6/14/11).  IQ US Real Estate Small Cap ETF (ROOF) intends to provide income and complement large cap REIT exposure. The underlying IQ US Real Estate Small Cap Index uses a float-adjusted market cap-weighted methodology.  The goal is...