Profitability, cash flow, customer traffic, sales and leasing momentum have all improved for Simon’s properties in the first quarter.
Transcendent Electra plans to acquire or develop rental housing totaling $3 billion over the next three years.
The transaction gives Better HoldCo an implied equity value of about $6.9 billion.
Facing the prospect of higher taxes, hedge fund managers are looking to move to Puerto Rico to avoid federal levies.
Small-tilted ETFs produced the best risk-adjusted returns.