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Property Report

  • Lehman Cranks Up Sales

    The estate of Lehman Brothers is ramping up sales of its property portfolio as commercial real-estate prices recover, in a move that could help creditors of the defunct investment bank.

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    [DWEEK]

    Landlords' Senior Moment

    With investors bidding up the price of senior housing, one of Canada's biggest landlords is looking to put as much as 40% of its U.S. property, or as many as 2,900 units, on the block.

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    Debt Leaves Jameson Inns Vulnerable

    With crunch time rapidly approaching for Jameson Inns, investors including Colony Capital and AllianceBernstein are positioning themselves to try to take control of the "value" hotel chain by buying portions of its debt.

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    [STALLED]

    New Life for Stalled Project

    Related Cos. bought control of a half-built skyscraper in Chicago's downtown in a bid to restart construction on the site, people involved with the deal said.

  • [LERNER]

    Complaint Saps REIT Sales

    The Apple family of real-estate funds saw sales plunge in June after a securities regulator said it was suing David Lerner Associates, the broker that markets the funds.

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    [EUROPROP]

    Schiphol Airport City Takes Off

    When Terremark Worldwide looked for a new European data-center location, it found Amsterdam's airport city to be a natural fit. Terremark's reasons for choosing Schiphol help explain why it is emerging as one of the leading airport cities in the world.

Commentary

Footnotes

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only.

Indexes: Dow Jones U.S. and international indexes are updated in real-time. Source: Dow Jones & Co. Other U.S. indexes are updated in real-time, except for the following delayed 15 minutes: NYSE, PHLX, Russell. Other international indexes are delayed based on exchange requirements Source: SIX Telekurs.

Currencies: Currencies quotes are updated in real-time. Source: ICAP.

Bonds: Treasury quotes are delayed 15 minutes and updated in real-time between 2:00 a.m. and 5:30 p.m. ET. Source: SIX Telekurs.

Futures: Futures quotes are delayed 10 minutes. Source: SIX Telekurs.

Click on futures contract name for full quotes, settle prices and charts.

*Unusual Volume is the difference between the current volume and 65-day average daily volume, expressed as a percentage of the 65-day average. Includes common, closed end funds, ETFs, ETNs and REITS with prior day close of $5 a share or higher, with average volume of at least 5,000. Source: WSJ Market Data Group

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