Here is a list of the top 10 real estate companies in USA in 2015 based on Revenue. Despite the slightly slow growth in the real estate market in the US, this sector is a force to reckon with. With millions of houses, commercial complexes, towers springing up in US, the billion dollar industry is all set to surge with the market leaders in the real restate showing the way.
10. GENERAL GROWTH PROPERTIES
GGP is a US based real estate investment trust. It is headquartered in Chicago.
The firm owns or has stake in about 120 shopping malls in the United States. It also owns the world’s largest open-air shopping mall.
The company is focused on owning, leasing, managing and redeveloping retail properties in the US. The malls owned by GGP include some of the most popular retailers. It aims to own and operate premium retail assets that offer an outstanding experience to all its stakeholders.
The firm reported debt of about $25 billion in 2008 and filed for bankruptcy in 2009 after failing to strike a deal with its creditors. Later, in 2010, tit left bankruptcy and hired a new CEO. In 2011-12, it spun off about 30 properties into a company Rouse Properties Inc which was followed by the spin off of another public company Howard Hughes Corp.