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The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees.

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The estate of Lehman Brothers Holdings Inc. is planning this week to use $1.33 billion in cash to buy a 26.5% stake in apartment giant Archstone.

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The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP.

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Marriott has been trying—and failing—for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.

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Sometimes, the renovation costs almost as much as the purchase itself.

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The stocks of home builders, shunned by investors for most of the past year, are suddenly in vogue again.

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Calpers, the giant California pension fund, is dumping one of its last major housing investments at a big loss.

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A fight has broken out over a deeply discounted planned sale of $150 million in debt backed by a Las Vegas area resort and casino.

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Brookfield Asset Management canceled a deal to take control of the huge Atlantis resort in the Bahamas and two other resorts from Kerzner after other creditors obtained a court ruling delaying the deal.

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Growth in new construction starts in China last year decelerated sharply compared with a year earlier, data showed. Meanwhile, Shanghai set new price limits for private ordinary homes.

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Beijing to Continue Property Curbs

January 13, 2012

The Beijing municipal government will continue home-purchase restrictions this year to curb speculation and reduce prices, the city’s mayor said.

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Sales Climbed in 2011 But 4th Quarter Eased

January 11, 2012

Commercial-property sales volume rose in 2011 to its post recession high with 7,757 transactions for a total of $162.8 billion, according to Real Capital Analytics. That compares with 6,487 deals worth $125.8 billion in 2010.

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A Market Builds for Single-Family Rentals

January 11, 2012

GI Partners, a private-equity fund that generated big profits by scooping up empty data centers after the technology-stock bust in 2000, is now making a big bet on foreclosed homes.

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Storage REITs Enjoy a Boom

January 11, 2012

One of real estate’s least-exciting businesses—warehouses that allow people to store their household goods—have become a hit with investors.

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Singapore Construction Demand to Drop

January 11, 2012

Private-sector construction demand in Singapore could fall by more than 50% this year compared with last year due to the effect of the global and domestic economic woes on the domestic property market.

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Trouble Is Brewing for Office Market

January 11, 2012

Many office property owners that have been able to keep their heads above water are being undone by tenant contractions and the expiration of five-year leases that were signed at the peak of the boom.

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Korman Expands Extended-Stay Hotel Brand

January 11, 2012

Korman Communities is expanding its AKA brand of luxury, extended-stay hotels to Los Angeles, seeking to cater to the entertainment-industry clientele that it already serves with its four hotels in New York.

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Private Equity Checks In at Jameson Inn

January 11, 2012

Colony Capital, a California-based private equity firm, on Monday won a hard-fought battle among creditors for control of the Jameson Inn chain of 103 budget hotels in the Southeast and Midwest U.S.

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For Malls, Occupancy Firms Up

January 9, 2012

U.S. malls and shopping centers experienced a slight improvement in occupancy during the fourth quarter, a relief for landlords that have been battling lackluster demand from retailers for most of the downturn.

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Houston Has No Love for Admired Tower

January 9, 2012

Houston’s lack of nostalgia for historic buildings went on vivid display Sunday when a 60-year-old office tower once considered a masterwork of modern architecture was demolished.

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