Real Estate Asset Protection

Sept. 22 (Bloomberg) — Lehman Brothers Holdings Inc. ’s bankruptcy filing may delay the sale of about $30 billion of commercial real estate assets at a time when property values are eroding, leaving less on the table for creditors. More…

Sept. 23 (Bloomberg) — American International Group Inc. , selling assets to repay a U.S. government loan, may seek buyers for some of its $16 billion in global real estate holdings. More…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. More…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story More…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. More…

TAMPA, FL-Banks are willing to work with commercial real estate developers on projects before trouble arises, and bankruptcy should not be part of the equation for either side. More…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. More…

Editor’s Note: This is the first part of a two-day series. More…

It is October 2017. The Bureau of Economic Analysis has just reported that the U.S. economy grew at an annualized rate of 1 percent in the third quarter. More…

SOMERSET . A New York real estate magnate has bought the historic Somerset Refinery for $2.2 million and said he wants to have it up and running by early next year. That would begin a new chapter for the refinery. It had been turning crude oil into gasoline for generations before it ran into financial trouble and shut down in late 2006. A bitter fight over the company ensued. Michael … More…

ENVIRONMENT: Govt halts work at Dow Chem site in Pune Pune, Sept. 27 The Maharashtra Government has issued orders to stop construction work for a month on research and development centre being set up by Dow Chemicals International Pvt Ltd … More…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. More…

SOMERSET . A New York real estate magnate has bought the historic Somerset Refinery for $2.2 million and said he wants to have it up and running by early next year. That would begin a new chapter for the refinery. It had been turning crude oil into gasoline for generations before it ran into financial trouble and shut down in late 2006. A bitter fight over the company ensued. Michael … More…

Struggling home and auto lender GMAC will sell part of its Residential Capital unit to Brookfield Asset Management Inc. of Canada as it expands efforts to raise cash, the companies said Tuesday. (BAM) (GMA) Read…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. Read…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. Read…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. Read…

TAMPA, FL-Banks are willing to work with commercial real estate developers on projects before trouble arises, and bankruptcy should not be part of the equation for either side. Read…

ENVIRONMENT: Govt halts work at Dow Chem site in Pune Pune, Sept. 27 The Maharashtra Government has issued orders to stop construction work for a month on research and development centre being set up by Dow Chemicals International Pvt Ltd … Read…

SOMERSET . A New York real estate magnate has bought the historic Somerset Refinery for $2.2 million and said he wants to have it up and running by early next year. That would begin a new chapter for the refinery. It had been turning crude oil into gasoline for generations before it ran into financial trouble and shut down in late 2006. A bitter fight over the company ensued. Michael … Read…

Sept. 22 (Bloomberg) — Lehman Brothers Holdings Inc. ’s bankruptcy filing may delay the sale of about $30 billion of commercial real estate assets at a time when property values are eroding, leaving less on the table for creditors. More…

TAMPA, FL-Banks are willing to work with commercial real estate developers on projects before trouble arises, and bankruptcy should not be part of the equation for either side. More…

SOMERSET . A New York real estate magnate has bought the historic Somerset Refinery for $2.2 million and said he wants to have it up and running by early next year. That would begin a new chapter for the refinery. It had been turning crude oil into gasoline for generations before it ran into financial trouble and shut down in late 2006. A bitter fight over the company ensued. Michael … More…

Sept. 23 (Bloomberg) — American International Group Inc. , selling assets to repay a U.S. government loan, may seek buyers for some of its $16 billion in global real estate holdings. More…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. More…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story More…

A tower of the Tropicana Casino and Resort is seen in Atlantic City on Nov. 14. Real estate developer Cordish Co. and the resort’s conservator have entered into negotiations to sell the property. More…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. More…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. More…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. Read…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story Read…

Sept. 23 (Bloomberg) — American International Group Inc. , selling assets to repay a U.S. government loan, may seek buyers for some of its $16 billion in global real estate holdings. Read…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. Read…

SOMERSET . A New York real estate magnate has bought the historic Somerset Refinery for $2.2 million and said he wants to have it up and running by early next year. That would begin a new chapter for the refinery. It had been turning crude oil into gasoline for generations before it ran into financial trouble and shut down in late 2006. A bitter fight over the company ensued. Michael … Read…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. Read…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. More…

TAMPA, FL-Banks are willing to work with commercial real estate developers on projects before trouble arises, and bankruptcy should not be part of the equation for either side. More…

Struggling home and auto lender GMAC will sell part of its Residential Capital unit to Brookfield Asset Management Inc. of Canada as it expands efforts to raise cash, the companies said Tuesday. (BAM) (GMA) More…

Sept. 26 (Bloomberg) — The fastest-growing part of the global corporate debt market, samurai bonds, has come to a standstill since Lehman Brothers Holdings Inc. became the first borrower to default on the securities since Argentina in 2002. More…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. More…

A tower of the Tropicana Casino and Resort is seen in Atlantic City on Nov. 14. Real estate developer Cordish Co. and the resort’s conservator have entered into negotiations to sell the property. More…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. More…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story More…

Struggling home and auto lender GMAC will sell part of its Residential Capital unit to Brookfield Asset Management Inc. of Canada as it expands efforts to raise cash, the companies said Tuesday. (BAM) (GMA) More…

Money & Co. blog: Just asking the question exposes the real nightmare of the Bush administration’s $700-billion financial-system bailout proposal: The government will be trying to decide on the true value of myriad loans and securities whose worth remains a mystery to the Wall Street rocket scientists who created them. Read…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story Read…

Sept. 26 (Bloomberg) — The fastest-growing part of the global corporate debt market, samurai bonds, has come to a standstill since Lehman Brothers Holdings Inc. became the first borrower to default on the securities since Argentina in 2002. Read…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. Read…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. Read…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. Read…

Sept. 23 (Bloomberg) — American International Group Inc. , selling assets to repay a U.S. government loan, may seek buyers for some of its $16 billion in global real estate holdings. Read…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story Read…

Sept. 24 (Bloomberg) — Frank Raiter says his former employer, Standard & Poor’s, placed a “For Sale'’ sign on its reputation on March 20, 2001. That day, a member of an S&P executive committee ordered him, the company’s top mortgage official, to grade a real estate investment he’d never reviewed. Read…

Money & Co. blog: Just asking the question exposes the real nightmare of the Bush administration’s $700-billion financial-system bailout proposal: The government will be trying to decide on the true value of myriad loans and securities whose worth remains a mystery to the Wall Street rocket scientists who created them. Read…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. Read…

Real estate companies have joined the ranks of those seeking protection from short-selling on Wall Street, including two national firms with properties in New Jersey. Read…

Sept. 26 (Bloomberg) — The fastest-growing part of the global corporate debt market, samurai bonds, has come to a standstill since Lehman Brothers Holdings Inc. became the first borrower to default on the securities since Argentina in 2002. Read…

Struggling home and auto lender GMAC will sell part of its Residential Capital unit to Brookfield Asset Management Inc. of Canada as it expands efforts to raise cash, the companies said Tuesday. (BAM) (GMA) Read…

Sept. 22 (Bloomberg) — Lehman Brothers Holdings Inc. ’s bankruptcy filing may delay the sale of about $30 billion of commercial real estate assets at a time when property values are eroding, leaving less on the table for creditors. Read…

A tower of the Tropicana Casino and Resort is seen in Atlantic City on Nov. 14. Real estate developer Cordish Co. and the resort’s conservator have entered into negotiations to sell the property. Read…

Money & Co. blog: Just asking the question exposes the real nightmare of the Bush administration’s $700-billion financial-system bailout proposal: The government will be trying to decide on the true value of myriad loans and securities whose worth remains a mystery to the Wall Street rocket scientists who created them. Read…

A tower of the Tropicana Casino and Resort is seen in Atlantic City on Nov. 14. Real estate developer Cordish Co. and the resort’s conservator have entered into negotiations to sell the property. Read…

Sept. 23 (Bloomberg) — American International Group Inc. , selling assets to repay a U.S. government loan, may seek buyers for some of its $16 billion in global real estate holdings. Read…

Sept. 26 (Bloomberg) — The fastest-growing part of the global corporate debt market, samurai bonds, has come to a standstill since Lehman Brothers Holdings Inc. became the first borrower to default on the securities since Argentina in 2002. Read…

ATLANTIC CITY-After months of searching, the troubled Tropicana Casino may have found a buyer–Baltimore-based Cordish Co. But Tropicana Entertainment insists that Cordish’s $700-million offer is too low and has announced its intentions to block the sale of the property. Read…

U.S.-based private equity fund Oaktree Group said Thursday that it will take control of a Japanese real estate investment trust after its sponsor announced bankruptcy. Oaktree, which manages assets worth $58.7 billion, will become the sponsor of Re-plus Residential Investment Inc. after Re-plus Inc. filed for bankruptcy protection Wednesday. Read the full story Read…

Sept. 22 (Bloomberg) — Lehman Brothers Holdings Inc. ’s bankruptcy filing may delay the sale of about $30 billion of commercial real estate assets at a time when property values are eroding, leaving less on the table for creditors. Read…