Wednesday, September 30th, 2009
Credit Suisse has acquired Independence Wharf, a well-known waterfront office building in Boston, for $106 million.
Archive for September, 2009
Wednesday, September 30th, 2009
In the wake of the steep drop in values in European property markets, investors are reassessing their relationships with property-fund managers and other asset managers.
Wednesday, September 30th, 2009
Empire Resorts, which has been trying to develop a casino near New York City, was looking into the financial abyss last June. Today the company's prospects are looking rosier.
Wednesday, September 30th, 2009
A Starwood-led group offered to pay $3.5 billion for the first mortgage of Extended Stay, setting the stage for a bankruptcy battle.
Friday, September 25th, 2009
Developer Bonita Bay is on the verge of collapse because of a battle that's pitting residents against each other and the company that sold them lavish dream homes during the height of the boom.
Thursday, September 24th, 2009
I’ve been debating whether or not to write this post for about two weeks now because I know that quite a few people will wrongly be offended by it, and that my inbox will be flooded by derogatory responses.
Then my new issue of Perry Marshall’s Newsletter arrived in my mail box, and I changed my mind… Read the rest of this entry »
Thursday, September 24th, 2009
Marriott's disclosure that it will stop developing new timeshare projects and write down the value of such properties under construction by $760 million marks the beginning of the next phase of the shakeout in the vacation-home industry.
Wednesday, September 23rd, 2009
About 10 investors are expected to submit bids for $5 billion in condo loans and other property held by the failed Corus Bank, in a key test of commercial real-estate values.
Wednesday, September 23rd, 2009
Only a few months ago, many of Europe's listed property companies seemed headed for a train wreck. But now there is almost daily news to confirm the industry is returning to health.
Wednesday, September 23rd, 2009
India's real-estate companies are attracting hundreds of millions of dollars from foreign investors, but the developers also are facing new scrutiny.
