All Posts Tagged With: "Bankruptcy"
Lehman wins court approval to exit bankruptcy
Lehman, once a mammoth investment bank and brokerage, is a collection of assets including real estate, private equity and banking investments since its collapse in September 2008. Lehman Bros. Holdings Corp., now just the odds and ends of the global …
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What the End of Borders’ Story Means for Commercial Real Estate
By Alexander Schachtel The short answer is more trouble for commercial real estate (NYSE:IYR). Borders Group, operator of a chain of retail book stores nationwide, filed for bankruptcy in February and has recently decided to liquidate its stores, …
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Irish Real Estate Selling Fast, Cheap
The silver lining of Ireland’s bankruptcy may be the ability for expats and other investors to capitalize on real estate that is selling at fire-sale prices. From beautiful properties nestled in the rolling hills of Ireland’s middle to city-center …
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Barclays taps 2 to gear up CMBS push
The two new hires are Larry Kravetz and Spencer Kagan, who join Barclays from G2 Real Estate, a commercial real estate merchant bank. Previously, both men worked with Lehman, which in 2008 became the largest bankruptcy in American history. …
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Real estate crash claims big Poconos player
Keith R. Stevenson/Pocono Record By HOWARD FRANK Joan Fitzgerald, restaurant owner and fixture in the Poconos real estate market, filed for bankruptcy this month, citing extensive business debt. Fitzgerald appears to be the latest victim of the real …
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Employee leader Cope files for bankruptcy
Cope attributed his financial problems to some bad real estate investments, and said it would not affect his ability to lead the 55000-member State Employees Association of North Carolina. “Real estate hasn’t been too kind to me,” Cope said in an …
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The Bankruptcy Means Test
Such things as credit cards, personal loans, medical bills and residential real estate loans are considered consumer debts. Non – consumer debts are those that are incurred for a profit motive. Business related credit cards, business loans, …
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The World’s Number One Real Estate Agent Just Filed For Bankruptcy
| John McMonigle claims to be the world’s number one real estate agent. With $2.5 billion in residential sales over the past six years, this 46-year-old realtor may well have been. According to the Orange County Register, McMonigle has amassed $50 … » |
 Business Insider |
Ailing Megachurch Is Selling Its Property
By IAN LOVETT LOS ANGELES — Crystal Cathedral Ministries, known for the towering Orange County megachurch where “Hour of Power” is taped, has agreed to sell its campus to a real estate investment group as part of a plan to emerge from bankruptcy. …
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Ilyce Glink: Beach property purchase with friend goes south
Q: I have a real estate/bankruptcy question for you. I purchased a beach property in North Carolina with a friend a couple of years back. We put down 10 percent and financed the rest. We thought we could sell the property quickly, but we were wrong. …
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