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City Seeks to Turn Stalled Projects Into Moderate-Income Housing
Programs to remedy half-filled and half-finished developments are proving difficult to devise and implement.
New York Times Wednesday, September 02, 2009

Woolies centres, servos for sale
WOOLWORTHS has placed about $100 million worth of shopping centres and service stations on the market.
The Australian Wednesday, September 02, 2009

Still a future offshore for fund
GPT, Stockland, Macquarie Group, AMP and many other major Australian groups are retreating from their offshore investments.
The Australian Wednesday, September 02, 2009

Home investment loses 11 per cent
RESIDENTIAL property investment plunged by nearly 11 per cent during the 2009 financial year.
The Australian Wednesday, September 02, 2009

Partners' debt plagues Trinity
TROUBLED property group Trinity has flagged as doubtful debt $19.8 million it is owed by its "project partners", including the son of the group's founder.
The Australian Wednesday, September 02, 2009

Mexican Real Estate Empire Faces Woes
The Cababie family is potentially on the hook for hundreds of millions of dollars due to personal guarantee loans used to finance two U.S. projects.
Real Estate Journal Wednesday, September 02, 2009

Hotel, 68% Off
A vacant, upscale hotel in Stockton, Calif., provides a glimpse of what awaits some hotel owners and lenders amid the industry's worst downturn in decades.
Real Estate Journal Wednesday, September 02, 2009

Chinese Developers Race to Launch IPOs
China's property developers and their Wall Street backers are rushing to raise billions of dollars in IPOs, rescuing real-estate investments that just months ago were considered victims of the economic crisis.
Real Estate Journal Wednesday, September 02, 2009

Maui Prince Hotel Faces Foreclosure
Maui Prince Hotel is the target of foreclosure proceedings just two years after a Morgan Stanley real-estate fund and local developers bought it for $575 million.
Real Estate Journal Wednesday, September 02, 2009

Reduced Price Of Entry To Tony Chicago Suburb
This modern, lakeside Winnetka, Ill., mansion is listed for $300,000 less than it was originally.
Forbes Wednesday, September 02, 2009


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