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Real Estate Web
Friday, December 5, 2008
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WSJ.com: Real Estate
Real Estate
J.P. Morgan Seizes Fund's Collateral
4 Dec 2008 at 6:30am
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.
CNL to Buy Ski Resorts
4 Dec 2008 at 5:00pm
Real-estate investment trust CNL Lifestyle Properties is expected to announce that it will acquire three U.S. ski resorts for $132 million.
Citi Gets Tough With General Growth
4 Dec 2008 at 7:18pm
Citigroup bought a 5.3% stake in General Growth even as it is playing tough in debt-extension talks. The mall owner faces bankruptcy if it can't extend a big loan with a group including Citi.
Whitehall Funds Lose Their Luster
4 Dec 2008 at 6:34am
Goldman's Whitehall family of real-estate funds is struggling with weak performance and potentially big losses.
LandAmerica's Collapse Leaves Investors Looking for Cash
2 Dec 2008 at 6:54pm
The collapse of LandAmerica has left investors scrambling to recover money in what was supposed to be a short-term and low-risk arrangement.
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