Real-Estate Slump Thrusts Lenders Into Unfamiliar Roles – Wall Street Journal
October 29, 2008 on 1:00 am | In Real Estate | No CommentsReal-Estate Slump Thrusts Lenders Into Unfamiliar Roles – Wall Street Journal
Mezzanine lender Dominion Capital Management LLC didn’t anticipate developing shopping centers when it lent $170 million to developer Premier Properties USA Inc. But that is what Dominion is doing after Premier fell into bankruptcy court last spring
Crisis presents opportunities for real estate investors – Turkish Daily News
The crisis that started in the United States and has spread globally has started to affect Turkey as well. In these difficult times, shopkeepers and tradesmen are looking to stay afloat, which may mean letting go of some of their real estate holdings
General Growth reveals improper loans and replaces two top executives – Los Angeles Times
Reporting from Chicago — Real estate investment trust General Growth Properties Inc. said Monday that it replaced its chief executive and president with two directors, effective immediately, after learning about loans that were made that did not
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