A foray into hotels by Sam Nazarian, who operates some of L.A.'s hottest nightspots, has turned into a costly slog amid the worst hotel market in decades.
The World Bank and IMF are raising concerns that efforts by governments and central banks to stoke a recovery will create asset bubbles in real estate, stock and currency markets.
Liberty International has made strides over the past year shoring up its balance sheet, managing occupancy and maintaining cash flow. But the U.K.'s largest retail landlord's problems are far from over.
What's Taking So Long?New York Gov. David Paterson is upping the ante for bidders vying to turn a dilapidated horse-racing track into New York City's first casino-type destination.
Blackstone has begun talks with lenders to cut $5 billion from the $20 billion debt load carried by Hilton, as the private-equity firm seeks to protect its single biggest investment from default.
Expect More ... Kathy Madore! 
