Real Estate
The publicly traded business, based in Cleveland, updated analysts and investors on pending property sales during a Wednesday conference call to discuss its third-quarter financial results. Forest City released its quarterly report after markets closed Tuesday. Neither the report nor the conference call revealed what Forest City plans to do with its lingering assets in downtown Cleveland, where the company has sold off much of Tower City and appears close to a sale of the Avenue shopping mall at the heart of the mixed-use complex. The Plain Dealer reported in September that Forest City had notified mall tenants about a potential sale,...