Hopefully you’ve read over Kimco’s fourth quarter and full-year 2011 earnings press release. Overall, our results were solid and showed improvement in several crucial areas, including FFO (Funds from Operations), operating metrics, and occupancy levels.
But if you haven’t had a chance to read our press release yet and are looking for some of the highlights, we thought we’d recap our financial results and core business operations for the quarter and year on our blog.… Read More
Jim Cramer invited Kimco to be on his CNBC show, “Mad Money,” last week to talk about Kimco’s solid fourth quarter 2011 earnings results. We also got to talking about what I see as an important trend in the retail market — constrained retail space — and why I believe Kimco is well-positioned to take advantage of this.… Read More
New Yorkers are known for their partiality to their borough. So I might ruffle some feathers with what I’m about to say. But I think you’ll understand my reasoning by the end of my post. Staten Island is the jewel of New York, and a great area to own retail real estate from Kimco’s perspective.… Read More
A lot of holidays involve sugary treats, but Valentine’s Day probably takes the cake. Most people are hitting the bakeries for cakes, cupcakes, chocolates, and other sweets to take home to their sweetheart. So cake shop owner and Kimco tenant Abby Jimenez has good reason to be in love with Valentine’s Day.… Read More
Many investors are squarely focused on the “Big Six” markets — the New York metro area; the Washington, D.C.-Baltimore corridor; Boston; San Francisco; Chicago; and Los Angeles. But we also see a great deal of opportunity and value in many other strong markets around the country, in addition to the Big Six.… Read More