Tuesday, October 20th, 2009
Erickson Retirement Communities, a senior-housing developer that filed for bankruptcy protection, is scrambling to reassure its 23,000 residents that their hefty entrance-fee deposits aren't in jeopardy.
Tuesday, October 20th, 2009
MGM Mirage plans to take more than $1 billion in third-quarter write-downs on its CityCenter project in Las Vegas, while billionaire Kerkorian's investment vehicle is exploring the possibility of partnerships with respect to its MGM investment.
Friday, October 16th, 2009
As the legal battle over the Atlantic Yards nears an end, the New Jersey Nets' Brooklyn arena project is gearing up for its next big challenge -- selling the development to a skeptical bond market.
Thursday, October 15th, 2009
The nation's construction industry, nearly paralyzed during the downturn, should see modest gains next year.
Wednesday, October 14th, 2009
A high-profile New York City apartment complex is running out of cash and in danger of imminent default.
Wednesday, October 14th, 2009
New York's highest court is set to hear a case that will decide whether the state government can lawfully seize private property for a development company.
Tuesday, October 13th, 2009
Real-estate developer Aby Rosen is joining the long list of investors who have headaches from buying pieces of Sam Zell's $39 billion office building empire.
Friday, October 9th, 2009
Marriott cautioned that investors who are expecting the recession-battered hotel industry to benefit from an economic recovery might have to wait.
Wednesday, October 7th, 2009
Retail-vacancy rates hit a multiyear high in the third quarter, adding to pressure on shopping-mall owners.
Wednesday, October 7th, 2009
A federal grand jury is investigating whether Hilton and former executives should face charges for allegedly stealing documents from Starwood.
