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Archive | Wall Street Journal

Tribal Casino Rules Revisited

Wednesday, September 23, 2009

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The Obama administration may make it easier for Indian tribes to build casinos on land far from their reservations, a move likely to spur a wave of new casino development.

Lennar’s Land Problem

Tuesday, September 22, 2009

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Homebuilders are beginning to patch up their businesses by getting rid of excess inventory. But what happens when they actually start building again on their own land?

Harrah’s Buys Planet Hollywood Debt

Wednesday, September 16, 2009

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Harrah's bought $140 million of the debt tied to the Planet Hollywood Resort & Casino in Las Vegas, giving Harrah's a role in the fate of the struggling property.

CIC May Invest in U.S. Real Estate

Wednesday, September 9, 2009

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China is looking to invest cash from its $300 billion sovereign-wealth fund in U.S. real estate, and it may rely on the U.S. government to finance some of the deals.

Mexican Real Estate Empire Faces Woes

Tuesday, September 8, 2009

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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.

Debt Clouds Future of Fontainebleau

Friday, September 4, 2009

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South Florida's Soffer family is grappling with troubles at the fabled Miami Beach Fontainebleau hotel, which has breached the covenants of a $670 million construction loan.

Hotel, 68% Off

Wednesday, September 2, 2009

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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.

Commercial Real Estate Portends Crisis

Tuesday, September 1, 2009

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Fed and Treasury officials are scrambling to prevent the commercial-real-estate sector from delivering a roundhouse punch to the U.S. economy as it struggles to recover.

REITs Are Poised to Pick Up the Pieces

Sunday, August 30, 2009

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While overleveraged private real-estate funds are gasping for money, public property companies are now poised to become more-dominant players.

Hotel Receivers Earn Rich Rewards

Wednesday, August 26, 2009

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The growing wave of U.S. hotels defaulting on their debt has spawned a growth industry for companies that oversee and operate hotels seized by lenders.

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