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Helmsley Estate Sells Manhattan Hotel

10 March, 2010 (09:13) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.

General Growth Debt Bet Pays Off

10 March, 2010 (09:03) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.

European REIT Rollout at Hand

10 March, 2010 (08:58) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.

BofA Lawyers Rebuked in Cabi Case

9 March, 2010 (21:48) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

BofA lawyers have agreed to reimburse lawyers for a Miami developer after a judge's rebuke for trying "to score a litigation point" in an ongoing foreclosure dispute.

Marriott Expands in Europe

9 March, 2010 (07:10) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.

Don’t give up on Foreclosures this year!

5 March, 2010 (13:37) | Strategies | By: Richard

Housing markets rife with foreclosures can still present great deals for investors, but also stiff competition and pitfalls for the inexperienced. What does this mean in plain speak? Use foreclosures to build your business, but be careful if you do not know what you are doing.

Buying now often involves bidding wars. Better opportunities may arise soon as more repossessed homes head toward auction.

Read more »

General Growth Wins Plan Extension

4 March, 2010 (14:59) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

A federal judge hearing mall owner's bankruptcy reorganization grants it four more months of exclusive control over its fate, against the objection of some suitors and creditors.

Trust Not Enough for Integrity Bank

3 March, 2010 (20:40) | PAID, WallStreet Journal | By: WSJ.com: Real Estate

The FDIC is investigating loan practices at Georgia's Integrity Bank, which was seized in 2008 after loaning all its capital to the owner of Casa Madrona Hotel & Spa in California.

Multifamily-Home Builders Inch Back

3 March, 2010 (11:31) | WallStreet Journal, free | By: WSJ.com: Real Estate

Operators are betting that limited new supply, combined with an improving economy, will lead to ideal market conditions nationwide starting in 2011 or 2012.

Thai Firm Bets on Strong Market

2 March, 2010 (20:42) | WallStreet Journal, free | By: WSJ.com: Real Estate

Land & Houses plans projects that could fetch as much as $942 million this year, though it cautioned about the country's uncertain political climate.