The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP.
A bankruptcy judge said he was “troubled” by a plan by two banks who co-own the Archstone apartment company with Lehman Brothers Holdings Inc. to sell half their interests in the venture to Sam Zell’s Equity Residential, Archstone’s largest competitor.
E-House (China) Holdings has offered to acquire China Real Estate Information Corp. in a cash-and-stock deal that values China Real Estate at $897.3 million.
According to sources familiar with the situation, Lehman Brothers Holdings Inc , Bank of America Corp and Barclays Plc started recently to consider alternatives for Archstone, including an outright sale, selling it in pieces by … During those months as Archstone urged shareholders to approve the transaction, the US commercial real estate market was actually faltering. The credit crisis pulled Lehman into bankruptcy a year later and a bankruptcy examiner …
The estate of Lehman Brothers Holdings Inc. is looking to sell its stake in the former International Toy Center building as the office market has improved significantly.
Cheung Kong Holdings’s yuan-denominated real estate investment trust plans to raise $1.53 billion to $1.83 billion in an IPO ahead of its listing in Hong Kong.
Chinese developer Shimao Property Holdings Ltd. said its 2010 net profit rose 33%, supported by robust sales in China’s booming property market and revaluation gains.