Capmark, one of the nation’s largest commercial-real-estate lenders, filed for bankruptcy protection in Delaware, the latest sign that problems in that market are far from over.
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Archive for the ‘Rental Homes’ Category
Capmark Seeks Chapter 11
Tuesday, October 27th, 2009Slump Hits Howard Hughes’s Heirs
Friday, October 23rd, 2009Howard Hughes’s heirs hoping for a last, big payday may be disappointed, as the housing bust has decimated the late mogul’s holdings.
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Morgan and Waning Crescent
Thursday, October 22nd, 2009Morgan Stanley may decide to take its final lumps on its unsuccessful $6.5 billion acquisition of Crescent Real Estate, the latest setback for the firm.
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Citi Cancels Renovation
Wednesday, October 21st, 2009Citi canceled a $4.5 million renovation of its Brazilian headquarters, underscoring the sensitivity of its spending since its rescue.
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Nets Arena Debt Is No Slam-Dunk
Saturday, October 17th, 2009As the legal battle over the Atlantic Yards nears an end, the New Jersey Nets’ Brooklyn arena project is gearing up for its next big challenge — selling the development to a skeptical bond market.
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An Apartment Complex Teeters in New York
Thursday, October 15th, 2009A high-profile New York City apartment complex is running out of cash and in danger of imminent default.
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Tishman/BlackRock Venture in Danger of Default
Wednesday, October 14th, 2009A high-profile New York City apartment complex is running out of cash and in danger of imminent default.
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Doubts Cast on Value of Vegas’s Fontainebleau
Tuesday, October 13th, 2009The bankrupt Fontainebleau project in Las Vegas is on the auction block, but potential bidders have to decide whether the costly property is more than a money pit amid the Strip’s slump.
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Echoes on 16th Floor: Venture Capital Exits
Monday, October 12th, 2009The office building once home to Dallas’s venture-capital firms has gone quiet, evidence that the industry — once spread across the country — is consolidating in Silicon Valley and Boston.
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Hotel Feud Prompts Grand Jury Probe
Wednesday, October 7th, 2009A federal grand jury is investigating whether Hilton and several of its former executives should face criminal charges for allegedly stealing confidential documents from rival Starwood.
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