Homes for Rent Blog » Apartments

General Growth in Mortgage Pact

Rentnice.com — Sat, 21 Nov 2009 09:00:09 +0000

General Growth Properties said it reached a deal to restructure $9 billion in mortgages on 77 malls in hopes of removing them from bankruptcy protection by the end of the year.
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General Growth in Mortgage Pact

Trump Drops Casino-Control Bid

Rentnice.com — Thu, 19 Nov 2009 09:00:12 +0000

Donald Trump and his daughter, Ivanka, have reached a settlement agreement with a group of creditors in the bankruptcy battle over control of Trump Entertainment Resorts.
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Trump Drops Casino-Control Bid

Developers Diversified Deal to Test Rescue Program

Rentnice.com — Tue, 17 Nov 2009 09:00:09 +0000

Demand is expected to be strong for the Developers Diversified Realty deal, the first sale of commercial-mortgage backed securities under a government rescue program designed, in part, to ease the mounting stress in the commercial property sector.
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Developers Diversified Deal to Test Rescue Program

Hotels Risk Losing Holiday Inn Brand

Rentnice.com — Sat, 14 Nov 2009 09:00:07 +0000

InterContinental Hotels is ready to strip its Holiday Inn brand from as many as 300 hotels owned by franchisees in North America if those properties don’t renovate.
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Hotels Risk Losing Holiday Inn Brand

Players Shun Faded Pontiac Silverdome

Rentnice.com — Fri, 13 Nov 2009 09:00:07 +0000

The empty Pontiac Silverdome, an 80,000-seat municipal stadium that once was home to the Detroit Lions, is up for auction — and it is possible no one will bite.
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Players Shun Faded Pontiac Silverdome

Las Vegas Sands to Restart Macau Sites

Rentnice.com — Thu, 12 Nov 2009 09:00:11 +0000

Las Vegas Sands plans to begin preliminary work in January to restart two stalled construction sites in Macau.
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Las Vegas Sands to Restart Macau Sites

Recession roommates

Rentnice.com — Sat, 07 Nov 2009 09:00:12 +0000

A one-bedroom apartment is not a lot of space for Julie Beers, her 2-year-old daughter, a golden retriever and a black Lab.

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Recession roommates

Hotel Venture Runs Into Ugly Reality

Rentnice.com — Thu, 05 Nov 2009 09:00:09 +0000

A foray into hotels by Sam Nazarian, who operates some of L.A.’s hottest nightspots, has turned into a costly slog amid the worst hotel market in decades.
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Hotel Venture Runs Into Ugly Reality

CMBS Savior? Deal Is Nearer

Rentnice.com — Wed, 04 Nov 2009 09:00:10 +0000

A closely watched deal that may help uncork the commercial-property debt market is picking up steam after being threatened by some queasiness by the Fed.
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CMBS Savior? Deal Is Nearer

Hilton Debt Weighs on Blackstone

Rentnice.com — Wed, 28 Oct 2009 08:15:06 +0000

Blackstone has begun talks with lenders to cut $5 billion from the $20 billion debt load carried by Hilton, as the private-equity firm seeks to protect its single biggest investment from default.
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Hilton Debt Weighs on Blackstone