Today's Real Estate News

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General Growth's Free Fall

A credit-rating downgrade slammed General Growth Properties stock again, stoking takeover rumors.

Slowdown Is Reaching Even 'Saskaboom'

There are signs that the braking global financial system is damping real-estate demand even in one of the few healthy markets in North America.

Citi Scales Back Mortgage Business

Citigroup is largely exiting the wholesale mortgage business, a step that many rival banks took last year.

Hotel REITs Seek to Conserve Capital

Hotel companies are now facing a new challenge: how to conserve capital.

Hypo Borrowers Exhale

Among those breathing a hearty sigh of relief this week after the German government bailed out lender Hypo were developers Related and Metropole.

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