NEW YORK (Associated Press) - Real estate investment trust Ashford Hospitality Trust Inc. said Friday it will sell the Hyatt Regency Montreal to Pandox for approximately $58.4 million. The Canadian hotel is the only property Ashford owns outside of

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Banco Popolare to sell 300 million euros worth of non-core real estate - CNBC
MILAN (Thomson Financial) - Banco Popolare has launched the sale of non-core real estate with a value of around 300 million euros, said Radiocor in an unsourced report. The bank’s adviser Banca Leonardo is dividing up the real estate in various

LONDON, May 14 (Reuters) - Land Securities (LAND.L: Quote , Profile , Research ) posted a 1.28 billion pounds markdown in value of its properties on Wednesday but its forecast-beating full-year results fuelled hopes a year-old market decline is on
Source: www.reuters.com

FRANKFURT (Thomson Financial) - German authorities have launched a inquiry into German bank Hypo Real Estate, suspected of having failed to inform its shareholders in time of the impact of the current financial crisis on its accounts, the Attorney
Source: www.cnbc.com

FACTBOX-CLO market makes first steps toward comeback - Reuters
May 15 (Reuters) - Europe’s frozen market in collateralised loan obligations (CLOs) has started to thaw as a few deals have managed to draw in investors. Below are details of recent CLO deals and data on the underlying leveraged loan market. (For
Source: www.reuters.com

Pulte Homes tells investors it will weather ‘worst housing market in - Detroit News
BIRMINGHAM — Bloomfield Hills-based Pulte Homes Inc. can withstand the current housing downturn, though it’ll likely be a rough 2008. “This is one of the worse housing markets we’ve seen in decades,” said Richard Dugas, Jr., the company’s president
Source: www.detnews.com