http://www.theflipboard.com Wed, 10 Mar 2010 15:13:24 +0000 http://backend.userland.com/rss092 en The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million. http://www.theflipboard.com/archives/helmsley-estate-sells-manhattan-hotel/ A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents. http://www.theflipboard.com/archives/general-growth-debt-bet-pays-off/ With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand. http://www.theflipboard.com/archives/european-reit-rollout-at-hand/ BofA lawyers have agreed to reimburse lawyers for a Miami developer after a judge's rebuke for trying "to score a litigation point" in an ongoing foreclosure dispute. http://www.theflipboard.com/archives/bofa-lawyers-rebuked-in-cabi-case/ Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan. http://www.theflipboard.com/archives/marriott-expands-in-europe/ Housing markets rife with foreclosures can still present great deals for investors, but also stiff competition and pitfalls for the inexperienced. What does this mean in plain speak? Use foreclosures to build your business, but be careful if you do not know what you are doing. Buying now often involves bidding ... http://www.theflipboard.com/archives/dont-give-up-on-foreclosures-this-year/ A federal judge hearing mall owner's bankruptcy reorganization grants it four more months of exclusive control over its fate, against the objection of some suitors and creditors. http://www.theflipboard.com/archives/general-growth-wins-plan-extension/ The FDIC is investigating loan practices at Georgia's Integrity Bank, which was seized in 2008 after loaning all its capital to the owner of Casa Madrona Hotel & Spa in California. http://www.theflipboard.com/archives/trust-not-enough-for-integrity-bank/ Operators are betting that limited new supply, combined with an improving economy, will lead to ideal market conditions nationwide starting in 2011 or 2012. http://www.theflipboard.com/archives/multifamily-home-builders-inch-back/ Land & Houses plans projects that could fetch as much as $942 million this year, though it cautioned about the country's uncertain political climate. http://www.theflipboard.com/archives/thai-firm-bets-on-strong-market/