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Hammerson Redeploys in Search for Growth
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9/7/2010 9:58:02 PM WSJ.com: Commercial Real Estate
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The U.K. office and retail REIT's strategy is to sell mature properties in order to raise cash for new investments.
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SL Green Sale Signals Pickup in New York
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9/7/2010 9:12:04 PM WSJ.com: Commercial Real Estate
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German company Deka Immobilien Investment will buy 19 West 44th St. for $123.2 million, or about $422 a square foot.
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Builders Walk Away From Land Deals
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9/8/2010 9:55:04 AM WSJ.com: Commercial Real Estate
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Some home builders are re-examining land contracts, asking sellers for lower prices or abandoning deals entirely.
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Toll Sails Against Some Headwinds
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9/7/2010 6:58:05 PM WSJ.com: Commercial Real Estate
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The luxury-home builder plans a tony development along Florida's Intercoastal Waterway.
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Capital Freeze Thaws for Real-Estate Funds
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9/1/2010 2:19:05 PM WSJ.com: Commercial Real Estate
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Real-estate funds saddled with boom-time properties are getting relief from Wall Street firms and other investors hoping to capitalize on their need for cash.
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Foreclosure Filed on Ritz Kapalua
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9/7/2010 9:46:00 AM WSJ.com: Commercial Real Estate
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The estate of bankrupt securities firm Lehman Brothers has filed court papers to foreclose on Hawaii's Ritz-Carlton Kapalua resort, continuing the carnage in that state's hotel sector.
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New Resorts Owners Roll Dice
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9/1/2010 2:22:04 PM WSJ.com: Commercial Real Estate
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Morris Bailey and Dennis Gomes are paying $35 million for Resorts Atlantic City, at a time when gambling revenue is declining and customers are being siphoned off to Pennsylvania venues.
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Citigroup Gets Burned in the Caribbean
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9/2/2010 10:48:02 PM WSJ.com: Commercial Real Estate
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The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest example of capitulation by a bank that has nursed a troubled real-estate project for years.
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Corio's Turkish Strategy Stumbles
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9/1/2010 5:47:02 AM WSJ.com: Commercial Real Estate
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The Dutch company's expansion has yielded disappointing results due to the weak economy, competition and the difficulties of exporting Western shopping concepts to a country steeped in different traditions.
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Help for Hyatt Isn't Enough
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8/31/2010 5:57:03 PM WSJ.com: Commercial Real Estate
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A Jacksonville hotel missed paying its mortgage despite $5 million in help from the Hyatt chain.
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Aker Relocates in 133,417-SF Westchase Move
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9/9/2010 1:36:00 AM Robert Carr Houston
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HOUSTON-The engineering and construction firm is relocating its North American office headquarters to Pinnacle Westchase in this western submarket.
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FHA Aids Mortgage Borrowers
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9/8/2010 GlobeSt News Hub Houston
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HOUSTON-The Federal Housing Administration has started a new scheme which helps homeowners in danger of foreclosure receive refinanced loans from lenders that are guaranteed by the government.
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The Lakes on Post Oak Inks Two Leases
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8/31/2010 1:23:00 PM Jennifer Duell Popovec Houston
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HOUSTON-The class A office property in the Galleria area reaches 90% occupancy by signing two leases totaling 17,851 square feet.
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Medco to Lease 46,000 SF in Round Up
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8/30/2010 GlobeSt News Hub Houston
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HOUSTON-Medco Medical Supply has inked a lease for 46,000 square feet of space in the 12-acre Round Up Business Park owned by Liberty Property Trust, who bought the park from Caldwell Cos. in July 2010.
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Developer Sues M-I SWACO Over Oil Spill
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8/27/2010 GlobeSt News Hub Houston
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HOUSTON-St. Joe Co., a developer based in Florida has sued M-I SWACO, a drilling fluid contractor, claiming that the oil spill caused by the oil services company's negligence in duty has caused a dip in the value of the developer's Panhandle property spanning 577,000 acres.
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Hotel Niagara To Be Auctioned Off
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8/27/2010 GlobeSt News Hub Houston
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NIAGARA FALLS, NY-A troubled 12-story landmark at the Niagara Falls will go under the hammer next month.
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Nordstrom Rack to Open in Sugar Land
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8/26/2010 11:38:00 AM Jennifer Duell Popovec Houston
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SUGAR LAND, TX-The Market at Town Center adds another value-oriented retailer to its lineup - Nordstrom Rack.
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