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Blackstone Spies Retail Recovery
Blackstone Group's $11 billion bet on retail property is showing signs of paying off.
Plots & Ploys: Touchdown Before Kickoff
Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.
Two Office REITs Post Higher Earnings
Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth.
Home Shortage in London to Worsen
London looks likely to experience a drought of new housing over the next few years, as construction of homes amid fears of renewed recession and a dearth of mortgage finance, a report from property consultant suggests.
Cost of Trade Center Tower Rises
The price tag for One World Trade Center, the signature skyscraper under construction at Ground Zero in New York, has risen to more than $3.8 billion, making it by far the world's most expensive new office tower.
Developer Makes a Fresh Start
The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees.
Marriott Delivers Late Editions
Marriott has been trying—and failing—for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.
Lehman's Estate Gets Montana Resort
The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP.
Lehman to Block Zell's Archstone Deal
The estate of Lehman Brothers Holdings Inc. is planning this week to use $1.33 billion in cash to buy a 26.5% stake in apartment giant Archstone.
Brookfield Cancels Deal for Atlantis Resort
Brookfield Asset Management canceled a deal to take control of the huge Atlantis resort in the Bahamas and two other resorts from Kerzner after other creditors obtained a court ruling delaying the deal.
Calpers Downsizes Housing Portfolio
Calpers, the giant California pension fund, is dumping one of its last major housing investments at a big loss.
Hope Puts Spring in Home Builders' Stocks
The stocks of home builders, shunned by investors for most of the past year, are suddenly in vogue again.
Casino Debtholders Fight On
A fight has broken out over a deeply discounted planned sale of $150 million in debt backed by a Las Vegas area resort and casino.
Goldman to Fight Over Hancock
A Goldman Sachs Group Inc. real-estate fund that has walked away from a number of struggling investments is taking a different approach with a Chicago skyscraper, deciding to fight its creditors rather than surrender ownership of the building.
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