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How a Talbott set out to expand the family business and ended up building a community near New Castle


At first glance, it’s easy to assume that Ross Talbott chose to pursue a different direction in life than being part of the family fruit-growing business in Palisade.
After all, Talbott moved in 1959 as a young man to the New Castle area, where he ended up building Apple Tree Park, a trailer park that became home to more than 1,200 people, making it, at one time, about twice the population of New Castle was then.
But if you stop to think more closely about the community’s name, it hints at the fact that it was very much rooted in the Talbott family enterprise. ....

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Mask rules changing for Hyannis, Burlington malls among others


WCVB
The largest shopping mall operator in the United States, which owns 13 locations in Massachusetts, is adjusting its face mask rules.
Simon Property Group, which has shopping centers, malls and retail properties in 37 states and Puerto Rico, said Friday in locations where there is no state or local jurisdictional mask mandate, visitors who are fully vaccinated may enter without a face mask or face shield.
If you are not fully vaccinated, please wear a mask, Simon said.
Massachusetts will drop its face mask mandate for fully-vaccinated people on May 29, which will bring the state in line with current guidance from the U.S. Centers for Disease Control and Prevention. ....

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'We Wish That New Owner The Best Of Luck': Simon Continues Handing Back Struggling Malls


Wikimedia Commons/John Phelan
The Square One Mall in Saugus, Massachusetts.
Last week, Simon relinquished its ownership of an Atlanta mall in a foreclosure auction that saw no bids. In November, the REIT ceded control of at least four other mall properties it controlled. This week, according to Fitch Ratings, the mall operator is over 60 days delinquent on an $85.6M loan backing a Boston-area mall for the second time in four months.
The news comes after a dim earnings report Monday, in which Simon reported a $1B drop in revenue and income from 2019 to 2020. In the company’s earnings call Monday evening, Chairman and CEO David Simon acknowledged that it will work with lenders who are open to taking over some of the REIT’s underperforming malls. ....

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Centennial Prepares for 2021 Growth, Promotes Whitney Livingston to President and COO


Centennial Prepares for 2021 Growth, Promotes Whitney Livingston to President and COO
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Real Estate Investment Firm Onboards Three New Advisory Services Clients, Moves Full-Steam Ahead with Redevelopment Efforts at Multiple Centers
Whitney Livingston
“Whitney Livingston’s strong business acumen and innovative foresight uniquely qualify her for this new role.” – Steven Levin, CEO, Centennial
DALLAS (PRWEB)
January 27, 2021
Centennial, a real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service advisory services platform (https://CentennialREC.com), announced today that it has promoted Whitney Livingston to President and COO as a strategic move to prepare for continued growth in 2021. The news comes on the heels of other important announcements, including onboarding three new projects wi ....

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