Real Estate Market Pulse

Simon Property Group CEO David Simon Dies, Eli Simon Takes Over

Simon Property Group CEO David Simon Dies, Eli Simon Takes Over

Key Questions

Who was David Simon and what was his role at Simon Property Group?

David Simon was the CEO of Simon Property Group and passed away at age 64. He led the company through retail recovery post-COVID.

Who has taken over as CEO of Simon Property Group?

Eli Simon, son of David Simon, has been named the new CEO and COO. This signals continuity in the company's strategy.

What are the implications for Simon Property Group's stock and strategy?

The stock is up 5.3% year-to-date and bullish for REIT investors, with shares trading between $45-$200 post-COVID. The company continues repositioning malls to fitness and mixed-use, as seen in the $551M Tampa International Plaza refinance.

David Simon dies at 64; son Eli Simon named CEO/COO, signaling strategy continuity amid retail recovery—$551M Tampa Int'l Plaza refinance, repositioning malls to fitness/mixed-use (shares $45-$200 post-COVID)—stock +5.3% YTD, bullish for REIT investors.

Sources (2)
Updated Apr 16, 2026