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business / Real Estate

Buyers of Huge Manhattan Complex Face Default Risk
The partnership behind Stuyvesant Town and Peter Cooper Village is at risk of default on $4.4 billion in loans, analysts say.
New York Times Thursday, September 10, 2009

Rates to hold as firms lay off workers
Mortgage rates are likely to remain on hold at least until November as companies continue to shed full-time employees.
The Australian Thursday, September 10, 2009

Fund raising hit by ruling
NICHOLAS Bolton's takeover target, the Multiplex Prime Property Fund, may not proceed with a $50 million capital raising, after the Australian Securities Exchange ruled that unitholders must agree for the offer to go ahead.
The Australian Thursday, September 10, 2009


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