Topic: Dan Fasulo

By Sarah Mulholland and Hui-yong Yu . The owners of Chicago's fourth- tallest building are running out of time to refinance debt taken on during ...
The owners of Chicago's fourth- tallest building are running out of time to refinance debt taken on during the property boom, setting the stage for...
Cash-strapped governments hawking commercial properties, courting investors Political cynics often joke about statehouses being for sale to the highest bidder.Among the 17 buildings California is selling are two in San Francisco that house the state supreme court and a federal appeals ...
Big US skyscrapers selling cheaply at auction in distressed commercial marketThe 40-story skyscraper sits on a prime corner in the country's wealthiest commercial market, steps from the Museum of Modern Art and a few blocks from Rockefeller Center and Central Park ...
AIG puts downtown Manhattan headquarters and another office up for sale to boost operationsAIG said Wednesday it's putting its downtown Manhattan headquarters and a nearby office building on the sales block.Mark Herr, spokesman for American International Group Inc., said the ...
And the choke hold on credit could push many property owners that need to refinance into foreclosure.Nearly 40 percent of real estate investors need to refinance part of their portfolios this year, according to more than 1,100 investors surveyed in ...

Invisible Hand Shakes City REITs

On Sept. 19, a full six months after Wall Street began its catastrophic decline with the demise of Bear Stearns, and just four days after Lehman Brothers, New York real estate financier extraordinaire, collapsed, two publicly traded real estate companies rode high ...
Bustling Commercial Real Estate Market Slows, but Avoids Housing Market TumultThe excesses that led to a bust in the housing boom haven't spread to the commercial real estate market, where the outlook is cautious but decidedly upbeat.Led by strong growth ...