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Fortress Swoops Up New York Condo
Fortress acquired a condominium project in New York from developer Kent Swig for $20 million through a foreclosure auction.
Real Estate Journal Friday, August 07, 2009

South Korea Set to Open a 'City'
Songdo, a $35 billion city-within-a-city near Seoul that is one of the world's largest commercial developments, sees the official opening on Friday of its first phase, including a park, hotel, apartments and convention center.
Real Estate Journal Friday, August 07, 2009

Casino Succession in Question
The ailing health of Macau's gambling tycoon raises questions about who will take over his empire and inherit his fortune. It could also change the competitive landscape in the industry's most important growth market.
Real Estate Journal Friday, August 07, 2009

Hedge pays $356m for GPT stake
US hedge fund Och-Ziff has paid almost $356 million for a 7.61 per cent stake in Australia's oldest property trust, GPT Group.
The Australian Friday, August 07, 2009

Pritzkers to float Hyatt chain
ONE of America's wealthiest families is planning to float the Hyatt hotel chain in an effort to raise much-needed cash after travellers, suffering under the recession, cut spending.
The Australian Friday, August 07, 2009

Home prices continue to rise
MORTGAGE interest rates hold the key to further recovery.
The Australian Friday, August 07, 2009

Westerville, OH, wins fan favorite
Louisville, Colo., may rank first on Money's 2009 list of the Best Places to Live, but Westerville, Ohio, is tops among Facebook fans.
CNN Friday, August 07, 2009

Lawmaker got choice Countrywide loans
Read full story for latest details.
CNN Friday, August 07, 2009


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