All entries by this author

Miami Tower Built for Storms

Jul 28th, 2010 | By WSJ.com: Real Estate | Category: News worldwide

A Miami-based developer is seeking to capitalize on predictions of a rougher hurricane season, which may be a marketing opportunity for him and his new tower at 1450 Brickell Ave.



Office Developers Revive Plans

Jul 28th, 2010 | By WSJ.com: Real Estate | Category: News worldwide

With Europe’s financial sector showing signs of stabilizing, developers have begun to dust off plans. A development boom, however, isn’t likely anytime soon.



It’s a Low Point for High Point

Jul 28th, 2010 | By WSJ.com: Real Estate | Category: News worldwide

Vornado Realty Trust is opting to forfeit a 2 million-square-foot furniture mart in High Point, N.C., to holders of its $191 million securitized mortgage.



Boston Properties’ Profit Falls, but Beats Its View

Jul 28th, 2010 | By WSJ.com: Real Estate | Category: News worldwide

Boston Properties’ second-quarter earnings fell, as did a key measure of profitability for the office-property owner, but both beat the company’s guidance.



Japan’s Toyoko Inn Targets New York

Jul 28th, 2010 | By WSJ.com: Real Estate | Category: News worldwide

Japanese no-frills hotel operator Toyoko Inn is planning to expand into the U.S. market with a 640-room tower in the New York City borough of Queens, where it plans to offer tiny rooms for rates that are among the lowest in the city.



East London Hopes For Olympic Renewal

Jul 27th, 2010 | By WSJ.com: Real Estate | Category: News worldwide

While building is on schedule for London’s 2012 Olympic Games, locals fear the broad urban renewal central to the bid could become a lesser priority.



Starwood’s Profit Falls 15%

Jul 22nd, 2010 | By WSJ.com: Real Estate | Category: News worldwide

Starwood Hotels reported a 15% drop in earnings on charges as the lodging company continued to see improved demand.



Scrutiny Turns to Retirement Centers

Jul 21st, 2010 | By WSJ.com: Real Estate | Category: News worldwide

A fast-growing sector of senior housing is coming under increased scrutiny in Washington—continuing-care retirement communities.



Investor Blinks After Staredown

Jul 21st, 2010 | By WSJ.com: Real Estate | Category: News worldwide

Atlanta deal maker Kris Miller paid Equity Office Properties Inc. $33 million in 2007 for 9000 Central Park, a 205,000-square-foot, seven-story office building. He took a loss on the resale.



Paris Isle, Deserted No More?

Jul 21st, 2010 | By WSJ.com: Real Estate | Category: News worldwide

A piece of prime real estate, an island on the Seine River southwest of the Eiffel Tower, finally may get developed after sitting empty since 1992.