Business - Commercial real estate latest news
MGM Mirage Gets Vegas Funding
MGM Mirage has received a $1.8 billion credit facility from a group of banks for its massive CityCenter project in Las Vegas.
realestatejournal.com Tuesday, October 07, 2008Hypo Only Tip of Europe's Troubles
The bailout of Hypo may have averted the bank's certain collapse, but the damage done to the European financing market will likely be felt for years.
realestatejournal.com Tuesday, October 07, 2008Slowdown Is Reaching Even 'Saskaboom'
There are signs that the braking global financial system is damping real-estate demand even in one of the few healthy markets in North America.
realestatejournal.com Tuesday, October 07, 2008Citi Scales Back Mortgage Business
Citigroup is largely exiting the wholesale mortgage business, a step that many rival banks took last year.
realestatejournal.com Tuesday, October 07, 2008Hotel REITs Seek to Conserve Capital
Hotel companies are now facing a new challenge: how to conserve capital.
realestatejournal.com Tuesday, October 07, 2008General Growth's Free Fall
A credit-rating downgrade slammed General Growth Properties stock again, stoking takeover rumors.
realestatejournal.com Tuesday, October 07, 2008Hypo Borrowers Exhale
Among those breathing a hearty sigh of relief this week after the German government bailed out lender Hypo were developers Related and Metropole.
realestatejournal.com Tuesday, October 07, 2008
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