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Investors Lost It All in Memphis The commercial real-estate mess is clobbering investors. Few of them are reeling as much as the 27 owners of 1023 Cherry Road in Memphis, Tenn. Unibail-Rodamco agrees acquisition of Simon Ivanhoe for EUR715m French commercial property investor and developer Unibail-Rodamco (EPA:UL) reported on Friday that it has entered into an agreement to acquire European property company Simon Ivanhoe for EUR715m. Simon Ivanhoe is jointly owned by US real estate Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter 2009 Earnings Release and Conference Call Extract not available. Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter 2009 Earnings Release and Conference Call Extract not available. REAL ESTATE PORN OF THE DAY: The $15 Million Home That Lenny Dykstra Trashed And Abandoned 1072 Newbern Court in Thousand Oaks, California used to be the gorgeous mansion of Wayne Gretzky. Then Lenny "Nails" Dykstra got his hands on it and ran it to the ground. The bankrupt baseball legend turned financial columnist declared bankruptcy and |
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