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Casino Developer Seeks Rescue From Two of Its Partners
The developer of the financially troubled Cosmopolitan Resort Casino on the Las Vegas Strip is said to be negotiating for help from hotel giant Global Hyatt Corp. and hedge fund Marathon Asset Management. real estate at heart of nasty divorce […]

Manhattan Price Cuts (And Signs of Strength)
In a rare sign of weakness in Manhattan’s ultra-high-end real-estate market, owners have cut the price of two apartments at New York’s Plaza condominium. Plus, Rupert Everett offers his Miami Beach condo and Sidney Sheldon’s widow lists Palm Springs, Calif. compound. Negative nellies unite! Even with rates […]

Foreclosures spike - and will get much worse
The risk of foreclosure is on a rapid rise nationally and, with a possible recession at hand, this spike in mortgage-defaults could last for years. Commercial real estate Bend Oregon Bend Oregon real estate. As a Bend Oregon real estate agent selling luxury homes for sale Bend […]

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Mortgage approvals fall to 12-year low (FT.com)
FT.com - mortgage approvals fell for a seventh month in December to the lowest level since the 1990s, Bank of England data showed, signalling that the UK housing market has already slowed more sharply than during the 2005 downturn. Mortage rates increase (AP) AP - Rates on 30-year […]

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