Stutz, Howard
April 2009
Las Vegas Business Press (10712186);4/6/2009, Vol. 26 Issue 14, pP18
The article reports on the possible bankruptcy of the CityCenter project in Las Vegas, Nevada, which was considered by MGM Mirage as the most expensive commercial development in U.S. history.


Related Articles

  • Report sees flat market for LV real estate. ILLIA, TONY // Las Vegas Business Press (10712186);12/7/2009, Vol. 26 Issue 49, pP10 

    The article highlights a 2009 report from Grubb & Ellis Las Vegas which says that the commercial real estate market in Southern Nevada is expected to stay flat in 2010. According to the report, user demand will remain soft in 2010 due to recession-fueled job losses and increasing company...

  • Fallout from Border's Bankruptcy Filing. Misonzhnik, Elaine // National Real Estate Investor;Mar2011, Vol. 53 Issue 2, p15 

    The article reports on the plan of Ann Arbor, Michigan-based Borders Group Inc. to close an estimated 200 bookstores in connection with its Chapter 11 filing of bankruptcy in February 2011. It discusses the impact of the planned closure on retail landlords. It estimates the national vacancy rate...

  • S&P: CMBS OK Even If Anchor Fails. Peters, Terry // National Mortgage News;7/22/2002, Vol. 26 Issue 42, p11 

    Focuses on a Standard & Poor's (S&P) report which showed that bankruptcies of anchor tenants in shopping centers have had little effect on commercial mortgage-backed securities deals in the U.S. as of July 2002. Reason for the reduced rating effect of such bankruptcies; Method used by S&P in...

  • Bankrupt Space. Misonzhnik, Elaine // Retail Traffic;Jun2007, Vol. 36 Issue 6, p40 

    The article offers insights on the initiative or action that shopping center owners in the U.S. should do to avoid problems when one of their tenants files for bankruptcy. Patrick Maxcy, of law firm Sonnenschein Nath & Rothenthal LLP, advises that landlords should protect themselves in advance...

  • Congress Passes Bankruptcy Protection Act.  // Journal of Property Management;may/jun2005, Vol. 70 Issue 3, p4 

    Reports on the passage of the U.S. Senate-approved Bankruptcy Abuse Prevention and Consumer Protection Act by the House on April 14, 2005. Commercial real estate provisions under the legislation.

  • Builder's bankruptcy fans fears. Bullard, Stan // Crain's Cleveland Business;10/22/2007, Vol. 28 Issue 42, p1 

    The article reports that the bankruptcy filing of homebuilder Whitlatch & Co. in Twinsburg, Ohio is causing builders and others in real estate circles to shudder. Carmine Torio, who for 20 years has been executive vice president of the Home Building Association of Akron said that now they have...

  • Lenders quicker to deal pained properties. BULLARD, STAN // Crain's Cleveland Business;2/6/2012, Vol. 33 Issue 6, p0003 

    The article discusses various aspects of receivership sales, which is an alternative to sheriff's sale in troubled commercial properties. It is given that after recession in 2008, lenders are trying to take out sour mortgages without taking title to the properties that are collateral for those...

  • Property bankruptcies quadruple. Dixon, Annabel // EG: Estates Gazette;11/8/2008, Issue 844, p22 

    The article reveals that the fallout of the credit crunch has caused the number of British commercial property insolvencies to increase in 2008, according to figures from PricewaterhouseCoopers (PwC). The accountant show an unprecedented increase in real estate bankruptcies, up from 68 in the...

  • This Land Isn't Your Land. Greenfield, Harry W.; Toole, Jeffrey C. // Commercial Law World;Jan/Feb2012, Vol. 27 Issue 1, p16 

    The article presents information on how equipment or real estate lessors or commercial real estate tenants can protect their property or ownership rights in bankruptcy cases. It is said that sometimes bankrupt companies sell the leased property to raise funds, or a debtor-landlord sells his...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics