PUNTA CANA, DOMINICAN REPUBLIC-The NJ-based firm will manage the first phase of the project, which will include over 1,300 residences and other components.

'Europe, to us, is wide open.'

'Europe, to us, is wide open.'

PHILADELPHIA-The $420-million hotel and residences will be 620 feet and is planned for a 2012 opening.

PHILADELPHIA-The $420-million hotel and residences will be 620 feet and is planned for a 2012 opening.

William Ackman, a 10% shareholder of the discounter, thinks so. The head of Pershing Square Capital Management is proposing that Target spin off its company-owned stores and land into an Inflation-Protected REIT. Its real estate would then enter a 75-year triple-net-lease-deal for the stores. Ackman...

What's going on with General Growth Properties is only a small part of this now global financial crisis we're facing. But the situation has certainly made us reflect. Sure, plenty of people were skeptical of the $13-billion acquisition of the Rouse Co. in 2004, especially with the amount of debt attached...

PHILADELPHIA-Owner Chest-Pac Associates gets the refi to cash out equity in a deal arranged by Northmarq Capital.