Archive for November, 2009

Buy and Hold RealEstate

In this episode, we’ll learn more about the importance of following a buy-and-hold strategy when investing for your long-term goals. Investing is not meant to be a game of chance; rather, it’s a practice of patience and strategy. Fran Kinniry of Vanguard’s Investment Strategy Group explains what the phrase “buy and hold” means, and importantly, what it does not mean.
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Calpers Weighs Booting BlackRock

Calpers is leaning toward dumping BlackRock as a real-estate adviser after the firm steered the California pension fund into a disastrous apartment-complex investment.

Beal Bank Makes Play For Trump Casinos

Beal Bank made a bid for Trump Entertainment Resorts Atlantic City casinos about a week after Donald Trump abandoned his campaign to get back the properties.

China’s Retail Sector Draws More Interest

More investors are focusing on China's retail property sector, especially in second-tier cities, as a way to gain from the country's increasing wealth.

Builders Net Win in N.Y. Case

New York's top court ruled that the state can use eminent domain for a massive development in Brooklyn that includes an arena for the New Jersey Nets.

IVG Immobilien Beats Slump for Now

A year in, new CEO brings listed real-estate investment firm bank from brink. But challenges remain and the jury is still out.

Hyatt Hotels Lends a Helping Hand

A delinquent mortgage is made current again at a Jacksonville property.

Morgan Unloads Crescent

Morgan Stanley closed the book on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays.

General Growth in Mortgage Pact

General Growth Properties said it reached a deal to restructure $9 billion in mortgages on 77 malls in hopes of removing them from bankruptcy protection by the end of the year.

Starwood to Relocate Its Headquarters to Connecticut

Starwood will move its corporate headquarters to Stamford, Conn., from New York's Westchester County, after receiving state government incentives worth as much as $89.5 million.