Historic Transactions by Akin Bay Professionals

  • simon-gm-logo
    Company Name: Simon Property Group, Inc.
    Business Description:

    Privately Held Real Estate Investment Trust

    Transaction Type: 10-year unsecured term loan to, and acquisition of option to purchase together with management contract for, The General Motors Building, New York, from General Motors Corporation
    Private/Public: Private
    Financing/M&A Sale Amount: $500.0 million
  • simon-logo
    Company Name: Simon Property Group, Inc.
    Business Description:

    Privately Held Real Estate Investment Trust

    Transaction Type: Private placements to existing institutional shareholders of newly issued common stock
    Private/Public: Private
    Financing/M&A Sale Amount: Three offerings aggregating $400.0 million
  • simon-sears-logo
    Company Name: Simon Property Group, Inc.
    Business Description:

    Privately Held Real Estate Investment Trust

    Transaction Type: Purchase of portfolio of five major regional shopping centers from Homart Development Company, a subsidiary of Sears, Roebuck & Company
    Private/Public:
    Financing/M&A Sale Amount: $240.0 million
  • simon-logo
    Company Name: Simon Property Group, Inc.
    Business Description:

    Privately Held Real Estate Investment Trust

    Transaction Type: Acquisition of South Shore Plaza, Braintree, MA.
    Private/Public: Private
    Financing/M&A Sale Amount: $160.0 million negotiated purchase from Safeco Insurance Company subsidiary
  • simon-logo
    Company Name: Simon Property Group, Inc.
    Business Description:

    Privately Held Real Estate Investment Trust

    Transaction Type: Offerings in Eurodollar market of unsecured medium term notes
    Private/Public: Public
    Financing/M&A Sale Amount: $250.0 million in aggregate
  • simon-hines-loog
    Company Name: Simon Property Group, Inc.
    Business Description:

    Privately Held Real Estate Investment Trust

    Transaction Type: Formation of investment partnership with, and loan to, a Gerald D. Hines. Interests to construct a 50-story office building leased to The Southeast Bank
    Private/Public: Private
    Financing/M&A Sale Amount: $145.0 million
  • uss-logo
    Company Name: United States Steel Corp.
    Business Description:

    Integrated steel manufacturer

    Transaction Type: Underwritten public offering of municipal development bonds
    Private/Public: Private
    Financing/M&A Sale Amount: $250.0 million of industrial development bonds