Lenders holding the $620 million construction loan on Miami Beachs fabled Fontainebleau hotel are close to approving a restructuring proposal in which the hotels owners would contribute $100 million of new equity, according to people familiar with the matter...Read More
Time is almost up on the federal home-buyer tax credit, the government's gift of up to $8,000, crafted to jump-start a stalled housing market. Just about six weeks remain for buyers to get those contracts inked...Read More
In the latest test of the high-end office-building market in Washington, a German real-estate fund is looking to sell the onetime headquarters of the now-defunct Evening Star newspaper on Pennsylvania Avenue....Read More
The Federal Reserve is bringing its mortgage-purchase program to a close. That will leave investors, homebuyers and the housing sector to watch nervously in the coming months as the industry tries to recover without new support from the Fed...Read More
But, the wintry weather didn't just affect the home builders, who usually get all the attention from this report. The apartment sector also felt the chill...Read More
A recent report from analysts at Barclays Capital sheds light on how court procedures and efforts to delay foreclosures have swelled the backlog of busted home mortgages in some of the nation's hardest-hit housing markets...Read More
