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Capital Freeze Thaws for Real-Estate Funds

Real-estate funds saddled with boom-time properties are getting relief from Wall Street firms and other investors hoping to capitalize on...

New Resorts Owners Roll Dice

Morris Bailey and Dennis Gomes are paying $35 million for Resorts Atlantic City, at a time when gambling revenue is...

Citigroup Gets Burned in the Caribbean

The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest...

Corio's Turkish Strategy Stumbles

The Dutch company's expansion has yielded disappointing results due to the weak economy, competition and the difficulties of exporting Western...

Help for Hyatt Isn't Enough

A Jacksonville hotel missed paying its mortgage despite $5 million in help from the Hyatt chain.

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