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General Growth in Mortgage Pact
Friday, November 20, 2009, 8:42 AM
General Growth Properties said it reached a deal to restructure $9 billion in mortgages on 77 malls in hopes of removing them from bankruptcy protection by the end of the year.
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Morgan Unloads Crescent
Today, Sunday, November 22, 2009, 2 hours ago
Morgan Stanley closed the book on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays.
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New York Landmark Burns Its Investors
Thursday, November 19, 2009, 10:26 AM
The U.S. real estate arm of Africa Israel Investments has tentatively agreed with creditors to restructure its disastrous acquisition of the former New York Times headquarters in a deal that will wipe out $400 million in debt.
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Starwood to Relocate Its Headquarters to Connecticut
Thursday, November 19, 2009, 10:35 AM
Starwood will move its corporate headquarters to Stamford, Conn., from New York's Westchester County, after receiving state government incentives worth as much as $89.5 million.
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Trump Drops Casino-Control Bid
Wednesday, November 18, 2009, 8:49 AM
Donald Trump and his daughter, Ivanka, have reached a settlement agreement with a group of creditors in the bankruptcy battle over control of Trump Entertainment Resorts.
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