REIT Rally Turned to a Rout
March 31, 2009
The rout in public real-estate stocks continued unabated in the first three months of 2009.Brixton’s Test: Raising Cash
March 31, 2009
The noose is tightening around Brixton, the U.K. real-estate investment trust, as it scrambles to raise cash to avoid a breach of its debt covenants.Slip Sliding Away
March 31, 2009
How quickly can a mall deteriorate in this recession? In some cases, very quickly.How Developers of 1101 K St. Got a Loan
March 31, 2009
Among the real-estate executives losing the most sleep are developers who are finishing up projects who need to take out construction financing with longer-term mortgages.Hancock Tower Draws Low Bid
March 31, 2009
Boston's John Hancock Tower was sold in a foreclosure auction for $660.6 million, half the price paid by Broadway Partners three years ago for New England's tallest building.U.S. home price drops set records in Jan.
March 31, 2009
Home prices sank by the sharpest annual rate on record in January, and the pace continues to accelerate, but there were a handful battered metro areas where price declines slowed.General Growth Avoids Chapter 11
March 31, 2009
General Growth Properties missed another debt payment but avoided bankruptcy as bondholders continue to talk with the mall owner.Singapore’s Boomtown Dream Gets Hazy
March 31, 2009
With foreigners returning home and banks reining in loans, the global crisis has shattered Singapore's goal of reinventing itself as a financial and entertainment hub like Dubai or Monte Carlo.Sales, prices of second homes tumble
March 30, 2009
Sales of vacation and investment homes slid 22 percent last year, a sign that tough economic conditions and tight lending requirements shut out buyers, the National Association of Realtors reported.Fed buys ad time in theaters for scam warnings
March 29, 2009
Sandwiched between the soft drink and popcorn ads, you may soon see an ad from the Federal Reserve while waiting for your movie to begin.