Tuesday, September 12th, 2006
Corus Is Bullish on Condo Market; Invests Heavily in the Sector
The bank has become one of the nation’s most aggressive condominium lenders even as others cut back in the face of a slowing housing market.
Clinton Library Has Spurred An Upturn in Little Rock
The Clinton Presidential Center in Arkansas has helped transform an industrial stretch of riverfront in the capital city and has jumpstarted a downtown transformation.
Architects Unveil Designs For Towers at WTC Site
Three new plans were revealed for the remaining office towers to be built at the World Trade Center site. The largest is a 78-story tower with a roof sliced into four diamond shapes.
Bankers and Regulators Clash Over Surge in Real-Estate Loans
Regulatory agencies are trying to hit the brakes on commercial lending, a move that has sparked protests from community bankers. Tougher guidelines could make it harder for small businesses to get loans.
Mills Corp.’s Lenders Approve Sale Of Vaughan, St. Enoch, Xanadu
The shopping mall real-estate investment trust expects net proceeds of about $500 million from the sale, which it intends to use to pay down a portion of its debt.
Film Examines the ‘Gherkin,’ A Controversial Building in London
An unusual movie by Mirjam von Arx shows the evolution from the early stages through construction of a recent high-profile London landmark, the Swiss Re building. Londoners are beginning to accept and even like, the 594-foot-tall, pickle-shaped structure.
China Explains Rules to Temper Foreign Investment in Property
The Chinese government published details of real-estate regulations aimed at overseas investors, even as one of the largest transactions yet in the country was announced.