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Real Estate News |
- Capital Freeze Thaws for Real-Estate Funds
- Wed, 01 Sep 2010 14:19:54 EDT - Real-estate funds saddled with boom-time properties are getting relief from Wall Street firms and other investors hoping to capitalize on their need for cash.
- New Resorts Owners Roll Dice
- Wed, 01 Sep 2010 14:22:47 EDT - Morris Bailey and Dennis Gomes are paying $35 million for Resorts Atlantic City, at a time when gambling revenue is declining and customers are being siphoned off to Pennsylvania venues.
- Citigroup Gets Burned in the Caribbean
- Thu, 02 Sep 2010 22:48:20 EDT - The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest example of capitulation by a bank that has nursed a troubled real-estate project for years.
- Corio's Turkish Strategy Stumbles
- Wed, 01 Sep 2010 05:47:20 EDT - The Dutch company's expansion has yielded disappointing results due to the weak economy, competition and the difficulties of exporting Western shopping concepts to a country steeped in different traditions.
- Help for Hyatt Isn't Enough
- Tue, 31 Aug 2010 17:57:32 EDT - A Jacksonville hotel missed paying its mortgage despite $5 million in help from the Hyatt chain.
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