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Brookfield Wagers on D.C.
Wed, 17 Mar 2010 10:39:01 EDT
Brookfield Properties is eyeing a collection of about 20 buildings in or near Washington that fell into default last summer...[read more]
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Developers Back Off Harlem Plans
Tue, 16 Mar 2010 23:22:05 EDT
Kimco Realty is the latest real-estate developer to consider pulling out of a project in the predominantly African-American and Hispanic community in upper Manhattan...[read more]
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Westbrook Swoops In to Aid Millennium
Tue, 16 Mar 2010 23:21:17 EDT
The deal saved the Four Seasons San Francisco from possible foreclosure. Westbrook also got controlling stakes in Millennium's Four Seasons Miami and Ritz-Carlton Boston...[read more]
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Extended Stay Switches Bedfellows
Thu, 18 Mar 2010 09:31:39 EDT
Barry Sternlicht, best known for founding boutique W Hotels, has persuaded Extended Stay to spurn its other suitors and back his bid to take the hotel chain out of bankruptcy-court protection...[read more]
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Hong Kong Lowers Threshold for Property Sales
Wed, 17 Mar 2010 13:10:57 EDT
Lawmakers approved a measure that will force holdout owners to sell apartments to a developer that buys at least 80% of a building's units. The new rule is expected to put prime real estate in play for development...[read more]
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Simon Readies New Bid for GGP
Wed, 17 Mar 2010 07:16:02 EDT
Simon Property is readying a sweetened takeover bid for bankrupt rival General Growth that would top an offer on the table from several General Growth investors...[read more]
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Bankers Exit CBRE for Jones Lang LaSalle
Tue, 16 Mar 2010 19:31:22 EDT
Jones Lang LaSalle, a global commercial-real-estate services company, hired away a team of bankers from industry leader CB Richard Ellis Group...[read more]
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