Thursday, September 17, 2009

9/17 WSJ.com: Real Estate

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Date: 17 Sep 2009 06:26:06 -0000
To: <roballeyrealtor@gmail.com>
Subject: 9/17 WSJ.com: Real Estate

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WSJ.com: Real Estate - Real Estate Feed My Inbox

A Tale of Two Cities (in London)
September 16, 2009 at 6:25 am

When Lehman Brothers collapsed last year, the rental market for office space in London went to bust faster than anyone could turn the lights off.

New Rules Ease Loans Restructuring
September 16, 2009 at 12:13 am

The Treasury released new tax rules that make it easier for distressed property owners to restructure loans that were packaged and sold as securities.

Harrah's Buys Planet Hollywood Debt
September 16, 2009 at 12:13 am

Harrah's bought $140 million of the debt tied to the Planet Hollywood Resort & Casino in Las Vegas, giving Harrah's a role in the fate of the struggling property.

Buyout Fund Contemplates a REIT Turn
September 16, 2009 at 12:13 am

Richard Baker, an investor in shopping centers and retailers, raised $400 million in 2007 for a company that would buy operating businesses like restaurants and casinos but now wants to convert the company into a REIT.

Profit Rises at Sun Hung Kai
September 16, 2009 at 12:13 am

Property developer Sun Hung Kai Properties' profit rose 2% as strong sales and rental income more than offset weak hotel and telecommunications operations.

Tanning Debate
September 16, 2009 at 12:13 am

Owners of campus housing agree that the decline in demand many feared didn't materialize. But the debate continues to rage over tanning machines, one of the amenities many dorms provide.
 

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