General Growth in Mortgage Pact General Growth Properties said it reached a deal to restructure $9 billion in mortgages on 77 malls in hopes of removing them from bankruptcy protection by the end of the year. More... — WSJ.com: Real Estate
Morgan Releases Crescent Morgan Stanley closed the chapter on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays. More... — WSJ.com: Real Estate
New York Landmark Burns Its Investors The U.S. real estate arm of Africa Israel Investments has tentatively agreed with creditors to restructure its disastrous acquisition of the former New York Times headquarters in a deal that will wipe out $400 million in debt. More... — WSJ.com: Real Estate
Trump Drops Casino-Control Bid Donald Trump and his daughter, Ivanka, have reached a settlement agreement with a group of creditors in the bankruptcy battle over control of Trump Entertainment Resorts. More... — WSJ.com: Real Estate
