Real estate deals hindered by financing, economy
Rising borrowing costs and anemic economic growth are hindering investments in U.S. commercial real estate, said panelists at the Bloomberg Dealmakers Summit in New York on Tuesday.
View ArticleKKR joins Sternlicht in buying second-tier malls
Investors including Barry Sternlicht and KKR & Co. are buying second-tier shopping malls in places from Lincoln, Neb., to suburban Chicago in a hunt for higher yields as retail sales at the...
View ArticleToll to buy California homebuilder Shapell
Toll Brothers Inc. agreed to buy Shapell Industries Inc.’s homebuilding business for about $1.6 billion.
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