Thursday, November 19th, 2009
The U.S. real estate arm of Africa Israel Investments has tentatively agreed with creditors to restructure its disastrous acquisition of the former New York Times headquarters in a deal that will wipe out $400 million in debt.
Wednesday, November 18th, 2009
Donald Trump and his daughter, Ivanka, have reached a settlement agreement with a group of creditors in the bankruptcy battle over control of Trump Entertainment Resorts.
Friday, November 13th, 2009
InterContinental Hotels is ready to strip its Holiday Inn brand from as many as 300 hotels owned by franchisees in North America if those properties don't renovate.
Thursday, November 12th, 2009
A casino-and-hotel building boom on Macau's once-barren Cotai area stalled by the global financial crisis is back on track, bringing the dream of recreating the Las Vegas Strip in mainland China's backyard closer to reality.
Thursday, November 12th, 2009
The empty Pontiac Silverdome, an 80,000-seat municipal stadium that once was home to the Detroit Lions, is up for auction -- and it is possible no one will bite.
Wednesday, November 11th, 2009
Tishman is expected to announce that one of its investment funds had acquired the AXA's Paris headquarters for roughly $95 million.
Wednesday, November 11th, 2009
Sunrise Senior Living, an operator of senior housing, is struggling to cope with higher vacancy rates and increasing debt, amid disappointing third-quarter results.
Tuesday, November 10th, 2009
Las Vegas Sands plans to begin preliminary work in January to restart two stalled construction sites in Macau.
Wednesday, November 4th, 2009
Liberty International has made strides over the past year shoring up its balance sheet, managing occupancy and maintaining cash flow. But the U.K.'s largest retail landlord's problems are far from over.
Wednesday, November 4th, 2009
The World Bank and IMF are raising concerns that efforts by governments and central banks to stoke a recovery will create asset bubbles in real estate, stock and currency markets.
