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Archive for December, 2009

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Green Builders Await the Green

Wednesday, December 16th, 2009
It could take months or years for stimulus funding earmarked for making buildings energy efficient to trickle down to contractors.

Minerva Deals, and Fight Is Joined

Tuesday, December 15th, 2009
The U.K. property developer hopes the transactions illustrate the strength of London's property recovery as it fends off an unfriendly bid from Nathan Kirsh.

L.A. Story: Tishman Woe

Tuesday, December 15th, 2009
A 56-acre site in the Playa Vista development is being put on the block, one of the many problem properties that has bedeviled Tishman Speyer.

General Growth Restructuring OK’d

Tuesday, December 15th, 2009
A bankruptcy court judge signed off on plans to restructure $10.25 billion of mortgages on 103 properties.

Fairfield Files for Chapter 11

Sunday, December 13th, 2009
Fairfield Residential failed amid an inability to refinance debt or sell investment properties, the latest casualty of real-estate turmoil.

Icahn Joins Trump Casino Fight

Sunday, December 13th, 2009
Carl Icahn leapt into the fray over Donald Trump's Atlantic City casinos, joining forces with Texas banker Andrew Beal.

Memphis is brought into the Wireless 21st Century

Friday, December 11th, 2009

SwitchTelecom Solutions, a Memphis-based firm, has partnered with Lightyear Wireless to bring discounted cellular service to the mid-south.  This partnership allows Memphians to earn money by using Lightyear’s communications services and referring others to do the same.

“Not only does it make sense, it also makes dollars. Residual dollars that could pay you for the rest of your life,” says Paul Moore, National Training Director for Lightyear Wireless. The excitement has continued to grow as more individuals in Memphis join the team at Lightyear and SwitchTelecom Solutions. Read the rest of this entry »

Dubai Holding, Emaar Cancel Property Merger

Thursday, December 10th, 2009
The developer had planned to absorb Dubai Holding's real-estate units to lessen the impact of the collapse of Dubai's real-estate market. The two companies said the deal wasn't economically viable now.

Dubai World Loses W Hotel Auction

Wednesday, December 9th, 2009
Dubai World's private-equity arm made a last-ditch effort to keep control of the W Hotel Union Square in Manhattan in a foreclosure auction but ended up losing the property, which it bought for $282 million.

A Big Bet on Spanish Property

Wednesday, December 9th, 2009
Colonial's planned debt refinancing signals an improving market.
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      • 5 Great Stock Picks And The Exchange-Traded Fund That Owns Them
      • Free Maryland-Area Workshops Teach How To Fund Real Estate Investments With Non-Traditional Lending
      • Chicago Based Commercial Loan Provider Now Offering Working Capital
      • Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully Leased Industrial Property For $8.1 Million
      • Non-Recourse Commercial Loans Currently Being Offered By Chicago Based Finance Firm
      • Commercial Property Loans In Malaysia 22.7% Higher
      • View From The Top: Europa Oil & Gas
      • Real Estate Capital Firm Offering Construction Loans For Commercial Properties Nationwide.
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      • Starwood Property Trust, Inc. Reports Results For The Quarter Ended Mar 31, 2012
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