Archive for November, 2008
Sands Project Causes Worry
Author: WSJ.com: Real EstateNov 14
A large unfinished project in Singapore involving Las Vegas Sands has the city-state making contingency plans.
Goldman Losing Real-Estate Guru
Author: WSJ.com: Real EstateNov 14
Stuart Rothenberg is leaving his job as head of Goldman Sachs Group Inc.'s real-estate investment division, which has raised some $26 billion for its real-estate funds since 1991.
ProLogis CEO Resigns
Author: WSJ.com: Real EstateNov 13
The resignation of the chief executive of the world's largest warehouse developer is another sign of pessimism toward the economy.
Investors Dump Mall, Industrial REITs
Author: WSJ.com: Real EstateNov 13
The latest meltdown in shares of mall and industrial REITs underscores the concern over a sharp, global economic slowdown in the wake of more dismal news from the retail sector.
Hypo Real Estate Posts Provisional Loss
Author: WSJ.com: Real EstateNov 13
Hypo Real Estate reported a provisional third-quarter loss on write-downs to its public finance subsidiary, and the company said it will shore up funding with a liquidity facility from the German government.
Calpers Confronts Huge Housing Losses
Author: WSJ.com: Real EstateNov 13
Calpers is taking a hit from the real-estate market, which is roiling its investments in land and housing projects.
Dubai Faces Hit as Property Boom Fades
Author: WSJ.com: Real EstateNov 13
Dubai's property boom appears finally to be over, with asking prices for some homes falling as much as 19% in October from the previous month.
Seller Financing Regains Favor
Author: WSJ.com: Real EstateNov 6
Developers Diversified Realty's offer to finance part of a property sale is the latest example of seller financing, which is now playing a role in more large deals.
Analysts Think Worst Is Yet to Come
Author: WSJ.com: Real EstateNov 5
The Los Angeles property market is looking more earthbound, as the global financial crisis is beginning to play itself out in the region's real estate.
Hilton Buyout Drags Blackstone
Author: WSJ.com: Real EstateNov 5
The downturn in the hotel market is making the acquisition of Hilton Hotels look like a big burden for Blackstone.








