People

People in the news - Aug. 14, 2014

August 23, 2014
 IBJ Staff
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People in the news - Aug. 11, 2014

August 9, 2014
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People in the news - Aug. 4, 2014

August 2, 2014
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People in the news - July 28, 2014

July 26, 2014
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People in the news - July 21, 2014

July 19, 2014
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People in the news - July 14, 2014

July 12, 2014
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People in the news - July 7, 2014

July 5, 2014
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People in the news - June 30, 2014

June 28, 2014
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People in the news - June 23, 2014

June 21, 2014
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People in the news - June 16, 2014

June 14, 2014
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People in the news - June 9, 2014

June 7, 2014
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People in the news - June 2, 2014

May 31, 2014
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People in the news - May 26, 2014

May 24, 2014
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People in the news - May 19, 2014

May 17, 2014
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People in the news - May 12, 2014

May 10, 2014
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People in the news - May 5, 2014

May 3, 2014
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People in the news - April 28, 2014

April 26, 2014
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People in the news - April 21, 2014

April 19, 2014
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People in the news - April 14, 2014

April 12, 2014
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People in the news - April 7, 2014

April 5, 2014
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People in the news - March 31, 2014

March 29, 2014
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People in the news - March 24, 2014

March 22, 2014
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People - March 17, 2014

March 15, 2014
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People in the news - March 10, 2014

March 8, 2014
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People in the news - March 3, 2014

March 1, 2014
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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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