General Growth files historic real estate bankruptcy

2009-04-16T23:35:25+00:00

General Growth Properties Inc filed bankruptcy today; the filing is seen as the biggest real estate failure in U.S. history.  General Growth is the second largest U.S. mall owner.  Read More Here

General Growth files historic real estate bankruptcy2009-04-16T23:35:25+00:00

Real Estate Developers Seek Federal Bailout Funds

2008-12-22T14:55:30+00:00

As commerical real estate and development loans come due, more and more commerical propety owners are worried about their ability to refinance these loans in the current lending environment.   Commercial real estate borrowers and lobbyists have begun to approach Treasury Secretary Paulson and the Bush Administration about being included in some of the recent federal loan programs.  Without federal help [...]

Real Estate Developers Seek Federal Bailout Funds2008-12-22T14:55:30+00:00

Lack of DIP Financing makes Bankruptcy Reorganization Difficult

2008-11-19T21:10:43+00:00

Troubled companies are encountering difficulty reorganizing in Chapter 11 business bankruptcies because of the scarcity of Debtor-In-Possession (DIP) Financing.  Without DIP Financing, many companies filing bankruptcy in the current down-cycle are being forced to liquidate rather than reorganize.   http://www.cnbc.com/id/27800248

Lack of DIP Financing makes Bankruptcy Reorganization Difficult2008-11-19T21:10:43+00:00

Homes/Other Assets Easier to Keep in Texas Bankruptcy

2008-11-18T17:55:01+00:00

Texas is beginning to see an increasing number of homeowners take advantage  of favorable Texas homestead and bankruptcy laws. http://www.bloomberg.com/apps/news?pid=20601109&sid=aI99ZTfd5KEo&refer=home

Homes/Other Assets Easier to Keep in Texas Bankruptcy2008-11-18T17:55:01+00:00
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