Wednesday, June 10th, 2009
Westfield Group is offering to foot the $1.3 billion bill to build a retail complex at the World Trade Center site in a bid to seize a bigger role in its redevelopment.
Archive for June, 2009
Wednesday, June 10th, 2009
The Treasury is considering issuing rules that will make it easier for property developers and investors and their loan servicers to restructure debt.
Thursday, June 4th, 2009
A group of investors led by RCG Longview and George Comfort & Sons signed a contract with Deutsche Bank to purchase troubled New York City office tower Worldwide Plaza.
Thursday, June 4th, 2009
In the U.K., equity-rich buyers and those with good banking relationships are benefiting from the commercial real-estate market's woes, buying assets at prices below book value.
Thursday, June 4th, 2009
Extended Stay creditors sued lenders behind the hotel chain's takeover, a symbol of the easy-money era.
Thursday, June 4th, 2009
As struggling landlords hand back their keys to lenders, firms like Barclays are being forced into the unappetizing business of real-estate development.
Thursday, June 4th, 2009
For the past two years, Phoenix has wrestled with the fallout from the most severe housing bust in decades. Now comes the hotel bust.
