Thursday, January 21st, 2010
Carl Icahn is poised to take control of the Fontainebleau Las Vegas, a stalled casino hotel development on the Las Vegas Strip.
Archive for January, 2010
Wednesday, January 20th, 2010
U.S. lenders are being forced to make unpalatable choices as they try to keep afloat stalled real-estate projects like Atlanta's Streets of Buckhead.
Wednesday, January 20th, 2010
The Shanghai government's investment arm will more than triple its land bank by buying a 45% stake in a distressed property company for $354.2 million.
Tuesday, January 19th, 2010
Bulls see pickup in investment activity and shored-up REITs. Bears see some metrics still in decline.
Tuesday, January 19th, 2010
The mall giant's sale of notes in the latest example of a real-estate investment trust taking advantage of the favorable capital markets.
Tuesday, January 19th, 2010
U.K. REIT Land Securities Group is going ahead with a $1 billion plan to develop three residential, retail and office projects in London's West End.
Tuesday, January 19th, 2010
Chris Grigg has gotten plenty of kudos for shoring up the balance sheet of the U.K.'s second largest real-estate investment trust. But his plans to change British Land's investment strategy has gotten mixed reviews.
Thursday, January 14th, 2010
The French bank said it would incur a $2 billion hit from risky assets, leading to just a thin fourth-quarter profit. CEO Frédéric Oudéa said the move will give the bank a bigger cushion and help it become a "consolidator," rather than a target.
Thursday, January 14th, 2010
Commercial real-estate problems may be about to douse the recent rally enjoyed by regional banks.
Wednesday, January 13th, 2010
China has told banks to stop giving commissions to real-estate agents for introducing mortgage customers, as Beijing tries to rein in an overheated property market and unscrupulous lending practices.
