Commercial real-estate brokerages on Monday begin releasing their reports on first-quarter office-leasing activity, and the numbers don’t bode well for the firms’ New York profits.
Colony Capital, a California-based private equity firm, on Monday won a hard-fought battle among creditors for control of the Jameson Inn chain of 103 budget hotels in the Southeast and Midwest U.S.
The battle for Archstone intensified Monday as the estate of Lehman Brothers Holdings Inc. challenged a deal cut by Sam Zell’s Equity Residential to buy a large stake of the rival apartment-building owner.