The global economic crisis has taken its toll on real-estate deals in practically every market. Here is a scorecard of how some of them fared this year.
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Archive for December, 2008
How Six Cities Weathered the Slump
Wednesday, December 31st, 2008Dismal Outlook for Mall Owners
Tuesday, December 30th, 2008If you thought shopping malls were a nightmare in the run-up to the holidays, just try owning one now that there is nothing left to do but take down the tinsel.
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Search Homes for Rent
Sunday, December 28th, 2008RentNice.com moves into top 10 ranking on Google for Search Homes For Rent . We have seen a recent spike.
REIT Moves Rub Executives Wrong Way
Saturday, December 27th, 2008Volatility in the stocks of real-estate companies are angering CEOs, who are blaming a popular trading strategy involving leveraged funds.
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Builder Soho China Stumbles in Beijing
Thursday, December 25th, 2008Soho China tried to save a historic district in Beijing, but instead one of China’s best-known firms found itself locked out of revenue.
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Chrysler HQ Big Factor in Sale
Wednesday, December 24th, 2008A sale or merger of Chrysler would raise the question of what would happen to the auto maker’s sprawling headquarters complex.
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Developers Ask U.S. for Bailout
Monday, December 22nd, 2008Big property developers are asking to be included in a new $200 billion loan program as a surge in commercial mortgages comes due.
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Moscow Pays a Debt — at Last
Saturday, December 20th, 2008German businessman Franz Sedelmayer has finally begun to collect court-ordered compensation from Moscow — something few foreign investors have managed.
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Risky, Ill-Timed Land Deals Hit Calpers
Wednesday, December 17th, 2008Calpers is struggling to avoid one of its worst annual declines since its inception, partly because of its aggressive real-estate investments.
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Fannie Mae to Let Renters Stay in Foreclosed Properties
Tuesday, December 16th, 2008Fannie Mae has agreed to let renters stay in their homes even if the owners of the properties have been foreclosed on, according to an announcement from the company yesterday. About 4,000 renters live in properties foreclosed on by Fannie Mae.
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