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Real Estate

News

Onex Makes a Vegas Bet

The Canadian corporation acquires the majority equity stake in the Tropicana Las Vegas Hotel & Casino.

Blackstone's RE Reappearance

The firm’s real estate fund closed with €3.1 billion in capital, following James’ “on the sidelines” investment thesis.

Cablevision Weighs MSG Spinoff

The move to dump its sports assets comes as other teams are weighing sales, diluting stakes—or, possibly, going bankrupt.

Tropicana Proceeds With 363 Sale Process

The Atlantic City casino will be sold for a minimum of $200 million, although bidders are expected to clamor.

Harrison St. Real Estate Nabs Burkemper

The Chicago-based private equity firm brings on Morgan Stanley vet to source and close specialty real estate deals.

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Articles

German Real Estate Group Reportedly Bailed Out By Peers

Hypo Real Estate was on the brink of bankruptcy, according to published reports, but the German bank was rescued by a consortium of its peers.

Tribune Asset Dump Boosted by Real Estate

Industry pros anticipate that in the next round of divestitures Zell will turn his attention to company's real estate.

Thomas & Betts To Sell Pipe Business

Thomas & Betts plans to sell its plastic pipe business, which was acquired as part of its Lamson & Sessions buy in November 2007.

Sale Not Likely For Debt-Laden Centro

An outright sale is probably not in the cards for beleaguered Australian REIT Centro Properties Group, sources said last week.

Maguire May Sell After Mortgage Meltdown

With Southern California's real estate market in decline and amid growing shareholder activism, Maguire Properties is considering a sale.

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