Deal for Macklowe Property on Track.
In: Wall Street Journal - Eastern Edition, Jg. 251 (2008-02-27), Heft 47, S. A4
Zeitungsartikel
Zugriff:
The article reports on the status of the deal to take control of seven office buildings owned by developer Harry Macklowe in Manhattan, New York City after Vornado Realty Trust has agreed to go along with the plan. Macklowe is said to default in February 2008 on the $5.8 billion he borrowed from Deutsche Bank-led group to finance his acquisition of the buildings from Equity Office Properties Trust. By giving up many of his properties, Macklowe is said to avoid foreclosure proceedings and court battles.
Titel: |
Deal for Macklowe Property on Track.
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Autor/in / Beteiligte Person: | Forsyth, Jennifer S. |
Zeitschrift: | Wall Street Journal - Eastern Edition, Jg. 251 (2008-02-27), Heft 47, S. A4 |
Veröffentlichung: | 2008 |
Medientyp: | Zeitungsartikel |
ISSN: | 0099-9660 (print) |
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