WSJ.com: Commercial Real Estate

WTC Development Talks Continue

Negotiations continued between developer Larry Silverstein and the Port Authority who are trying to resolve an impasse over the redevelopment of the World Trade Center site before a critical deadline Friday.

Fortis Sues Lender Kennedy in Debt Case

Kennedy Funding, a New Jersey lender to cash-strapped real-estate developers, has plenty of experience going after debtors who fall behind on their payments. But now it's Kennedy's turn to get squeezed.

European REIT Rollout at Hand

With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.

General Growth Debt Bet Pays Off

A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.

Marriott Expands in Europe

Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.

Farkas Closes Deal to Buy Centerline

The New York real-estate investor will buy one of the nation's largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline's debt.

U.K. REIT Plans IPO

Metric Property Investments hopes to raise £150 million in an IPO on the London Stock Exchange's main market as it seeks to take advantage of the sharp downturn in property values.

China Vanke's Property Sales Slip

China's largest property developer by market share said sales fell in February for the first time in 11 months. The slowdown was anticipated after the government introduced measures to cool off the real-estate market.

Trust Not Enough for Integrity Bank

The FDIC is investigating loan practices at Georgia's Integrity Bank, which was seized in 2008 after loaning all its capital to the owner of Casa Madrona Hotel & Spa in California.

Banks Begin to Rein In Branch Boom

Say goodbye to the building boom that made it seem like there was a bank branch on every corner. The total number of branches in the U.S. is on pace to decline for the first time since 2002.

photo of the Maui Real Estate Internet leader, Tom Delmore

Thomas Delmore
Realtor/Broker

Local Direct: 808-242-1467

Toll Free: 1-888-Delmore(335-6673)

E-mail: Tom@Delmore.net