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WSJ.com: Real Estate
Brookfield Wagers on D.C. - 20 hours ago Brookfield Properties is eyeing a collection of about 20 buildings in or near Washington that fell into default last summer. Developers Back Off Harlem Plans - 1 day ago Kimco Realty is the latest real-estate developer to consider pulling out of a project in the predominantly African-American and Hispanic community in upper Manhattan. Westbrook Swoops In to Aid Millennium - 1 day ago The deal saved the Four Seasons San Francisco from possible foreclosure. Westbrook also got controlling stakes in Millennium's Four Seasons Miami and Ritz-Carlton Boston. Hong Kong Lowers Threshold for Property Sales - 18 hours ago Lawmakers approved a measure that will force holdout owners to sell apartments to a developer that buys at least 80% of a building's units. The new rule is expected to put prime real estate in play for development. Simon Readies New Bid for GGP - 1 day ago Simon Property is readying a sweetened takeover bid for bankrupt rival General Growth that would top an offer on the table from several General Growth investors. |
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