News

The Wall Street Journal: Commercial Real Estate News

  • Lehman Selling Pieces of Stakes Acquired in Archstone Deal
    The estate of Lehman Brothers Holdings Inc. is looking to raise about $2 billion by selling about half of the stock it got when it sold apartment giant Archstone to two of its largest competitors.

  • Trump-Branded Rio Project Faces Test
    A developer is hoping to break ground soon in Rio de Janeiro on the first Donald Trump-branded project in Brazil, but with the country's growth engine low on steam, the office market may not cooperate.

  • Office Parks Get a Makeover
    Once a symbol of suburban dominance, aging office parks from California to New Jersey are being reimagined as little cities.

  • Starwood Capital Goes Shopping for Malls
    Starwood Capital Group is in talks to buy seven U.S. shopping malls from Westfield Group for more than $1 billion, a deal that would mark the latest in a flurry of big-ticket acquisitions of retail property.

  • For Developer, 3 Could Be Charm
    Ian Bruce Eichner, a developer whose high-profile problems became symbols of the last two real-estate busts, is in final stages of a deal to buy a condominium development site near Manhattan's Flatiron Building.

  • Europe Hotel Deals Jumped in 1st Quarter
    The European hotel industry has been hurting as companies have cut business travel and travelers have curbed spending, but that hasn't slowed hotel acquisitions.

  • Mad for Madison
    The competition is intensifying for 650 Madison Ave., a 27-story, green-glass office building near the southeast corner of New York's Central Park, with some bids coming in for more than $1.3 billion.

  • Investors Target China's Warehouses
    Industrial real estate is often seen as the least glamorous slice of the property sector, but investors are increasingly looking at China's warehouses as a good place to park their money as their sexier cousins lose some of their allure.

  • Funds Bet on Fannie, Freddie
    Some hedge funds that made fortunes in the housing-market crash are now betting on the recovery of Fannie Mae and Freddie Mac, the government-controlled mortgage giants.

  • Chinese Credit Surge Raises Property Fears
    Surging credit has kept China's real-estate sector humming in the teeth of a renewed attempt by the government to bring prices under control, risking a destabilizing correction in prices down the line.

  • Lehman Keeps Apartment Sector Guessing
    The apartment sector's biggest mystery these days: What will Lehman do with its stakes in Equity Residential and AvalonBay?

  • Plots & Ploys: Taking Seagram
    Aby Rosen and Michael Fuchs of RFR Holdings have taken full ownership of the Seagram Building in Manhattan....And Beacon Capital Partners is gradually getting out of the Seattle area.

  • Mitsui Fudosan Has Big Plans for Abroad
    While many Japanese real-estate companies are only just starting to emerge onto the international stage after years of focusing on Asia, Mitsui Fudosan has been aggressively pursuing deals in the U.S. and Europe.

  • Developers Team Up With a Man Behind the Scenes
    The condo conversion of St. Vincent's hospital, a development rising at 50 United Nations Plaza in Midtown and a newly restored tower at Gramercy Park have the backing of Eyal Ofer.

  • Funds See Opportunity in Real Estate
    Riskier real-estate projects are starting to move forward again, thanks in part to a resurgence of so-called opportunity real-estate funds.

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