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WSJ.com: Real Estate
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Real Estate
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Helmsley Estate Sells Manhattan Hotel
The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.
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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.
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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.
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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.
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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.
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