April 15, 2009 — 11:00 a.m.
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A Penthouse in Uruguay
Designed by architect Rafael Vinoly, this home recently sold for $7.3 million.
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REIT Sector Is Ripe for M&A
The economic crisis has created a survival-of-the-fittest environment for U.S. real-estate investment trusts.
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Receiver Starts to Sell Wextrust Properties
It took seven months for a court-appointed receiver to sort out the books of an alleged Ponzi scheme called Wextrust. Now, his team is disposing of about 30 properties in a depressed real-estate market.
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Older Borrowers, Out in the Cold
As lenders are pressed to modify mortgages, older homeowners on low fixed incomes are being left out of the equation. Many even face foreclosure because they were sold loans they could never afford. | Photos
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The New Condo Reality
A reader wants to buy a condo in a building optimistically described as ‘half-full.’ Our columnist reflects on the wisdom of such a move.
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Real-Estate Hope in China
Price declines in China’s property sector eased and government support measures helped property sales pick up.
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HSBC Plans to Sell Its Headquarters
HSBC will sell office buildings in New York, Paris and London to raise money.
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Fannie, Freddie Both Need CEOs
The likely departure of Fannie Mae’s chief officer would leave both the mortgage giant and its rival, Freddie Mac, scrambling to find new CEOs at a critical time.
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Channeling Frank Lloyd Wright
Inspired by his own home, author T.C. Boyle wrote a novel about the famed architect.
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Watch Mogul’s $23.9 Million Château
The estate of watch entrepreneur Severin Wunderman has put on the market his Southern French château and its contents for €18 million.
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