All entries by this author

Whitehall Funds Lose Their Luster

Dec 4th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Goldman’s Whitehall family of real-estate funds is struggling with weak performance and potentially big losses.



J.P. Morgan Seizes Fund’s Collateral

Dec 4th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

J.P. Morgan seized tens of millions of dollars of collateral from a fund run by Guggenheim and started to auction it off following the fund’s failure to come up with additional capital to meet margin calls.



Toledo Tries to Shake Detroit’s Shadow

Dec 3rd, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Leaders in Toledo, Ohio, are looking to attract younger and more diverse workers to the area as they scramble to reduce their city’s exposure to Detroit’s troubles.



LandAmerica’s Collapse Leaves Investors Looking for Cash

Dec 3rd, 2008 | By WSJ.com: Real Estate | Category: News worldwide

The collapse of LandAmerica has left investors scrambling to recover money in what was supposed to be a short-term and low-risk arrangement.



Lenders Tiptoe Into Bulk Sales

Dec 3rd, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Lenders are starting to warm to the idea of selling foreclosed homes in bulk to investors, a departure from the practice of selling homes one at a time.



Shun Tak Plans New Macau Hotel

Dec 2nd, 2008 | By WSJ.com: Real Estate | Category: News worldwide

A member of Macau’s Ho casino family unveiled plans to develop a five-star hotel on Macau’s Cotai Strip.



General Growth Gets More Time to Pay Debt

Dec 2nd, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Debt-laden mall owner General Growth Properties gained another short-term extension of a debt-payment deadline, this time obtaining 10 more days to pay down $58 million in bonds.



Deutsche Bank Sues Trump

Dec 2nd, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Deutsche Bank sued Donald Trump over an outstanding balance on the developer’s troubled Chicago condominium and hotel project.



U.S. Rethinks Roles of Fannie, Freddie

Dec 1st, 2008 | By WSJ.com: Real Estate | Category: News worldwide

The economic crisis will force the U.S. to decide how to repair Fannie, Freddie, the Federal Home Loan Banks and the Federal Housing Administration.



General Growth Wins Key Extension

Dec 1st, 2008 | By WSJ.com: Real Estate | Category: News worldwide

General Growth Properties won a two-week extension of its deadline to pay a $900 million debt.