Delek Real Estate offering bondholders units in English REIT instead of cash
Yields on Delek Real Estate bonds have dipped to 11% to 15%, indicating that investors are regaining some of their confidence about the company's ability to repay them. But the company's debt problems are far from over. The company, only one of the
 
REAL ESTATE: Condo demand in Houston, nationwide is lagging
Jodie Sinclair's one-bedroom condominium in 2016 Main has been on the market for six months. In the last three, no one's even looked at it. Sinclair thinks her unit hasn't sold because of tougher mortgage standards for condos. 'This market is
 
RioCan Real Estate Investment Trust Announces Date of Second Quarter Earnings Release, Conference Call and Webcast
(Marketwire via COMTEX News Network) -- RioCan Real Estate Investment Trust ('RioCan') (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three months ended June 30, 2009 on Monday, July 27, 2009. Interested
 
Mirvac Real Estate amends NTA covenant
Source: News Bites Mirvac Real Estate Investment Trust has agreed with its syndicated lenders to amend its NTA covenant from $600 million to $475 million. The trust sought the amendment to ensure that the impact of interest rate derivatives movements,
 
Research and Markets: The Commercial Real Estate Revolution: Nine Transforming Keys to Lowering Costs, Cutting Waste, and Driving Change in a Broken Industry
Research and Markets (http://www.researchandmarkets.com/research/b7b461/the_commercial_rea) has announced the addition of John Wiley and Sons Ltd's new report 'The Commercial Real Estate Revolution: Nine Transforming Keys to Lowering Costs, Cutting
 
Real estate recovery expected to be tepid
Toronto - The worst of Canada's housing market woes appear to be past but the sector's rebound will be tenuous as a rise in mortgage rates and high unemployment limit the recovery in prices and sales. Property experts say first-time buyers and Bank of
 
Two more Opus divisions will liquidate: Tight credit markets and a tough commercial real estate market continue to take its toll on the developer.
Opus Corp., one of the state's largest real estate developers, said today that two more divisions are headed to bankruptcy court and their portfolios will be liquidated. Opus East, based in suburban Washington, D.C., filed for Chapter 7 liquidation
 
REITs Book a Blockbuster Quarter
Real-estate-investment trusts staged the best performance in their history during the second quarter on growing perceptions that most REITs are out of immediate danger.