General Growth Properties Company Profile

Aggregated data from the web about General Growth Properties
Company Name General Growth Properties
Website ggp.com
Snippet GGP Inc. (an initialism of General Growth Properties) was an American commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin, Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa in 1954, and was headquartered in Chicago, Illinois from 2000. It was subject to the largest real estate bankruptcy in American history at the time of its filing in 2009.[1]
Fate Acquired by Brookfield Property Partners
Type Public
Genre Shopping malls
Defunct August 28, 2018; 3 years ago (2018-08-28)
Founded 1954
Revenue $2.346 billion (2016)
Website ggp.com
Formerly General Management (1954–1970), General Growth Properties (1970–2017)
Founders Martin Bucksbaum, Matthew Bucksbaum, Maurice Bucksbaum
Industry Commercial real estate
Traded as NYSE: GGP
Key people Bruce Flatt (chairman), Sandeep Mathrani (CEO)
Net income $1.272 billion (2016)
Area served United States
Headquarters Chicago, Illinois, US
Total assets $22.732 billion (2016)
Total equity $8.635 billion (2016)
Number of employees 1,800 (2016)

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