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Bloomberg News

Bloomberg News

August 31, 2012 | Daily Business Review

Distressed home prices jump with inventory shrinking

Demand for distressed properties is driving up prices for the first time in two years as investors from Blackstone Group to Colony Capital chase shrinking inventory.

By Bloomberg News

2 minute read

January 13, 2011 | Daily Business Review

American assets raises $564 million in first U.S. IPO of 2011

American Assets Trust Inc. raised $564 million, more than originally sought, in the largest initial public offering of a U.S. real estate investment trust in more than a year.

By Bloomberg News

3 minute read

June 27, 2012 | Daily Business Review

Sotheby's to enter China's property market to tap millionaires

Sotheby's International Realty Affiliates LLC, the real estate unit of the auction house, plans to start business in China's luxury property market to tap the country's growing wealth.

By Bloomberg News

2 minute read

May 25, 2012 | Daily Business Review

BBVA said to seek bids for property, loan portfolios

Banco Bilbao Vizcaya Argentaria, Spain's second-largest lender, will take non-binding bids for five portfolios of real estate and loans until May 29.

By Bloomberg News

2 minute read

July 26, 2012 | Daily Business Review

TARP help only goes to 10% of distressed homeowners

Distressed homeowners have received only 10 percent of nearly $46 billion in federal aid since the money was allocated in 2009 under the Troubled Asset Relief Program.

By Bloomberg News

2 minute read

October 26, 2012 | Daily Business Review

PulteGroup's quarterly profit beats estimates

PulteGroup reported a third-quarter profit that beat analysts' estimates after cutting costs and recording higher revenue as sales of new houses rebounded.

By Bloomberg News

2 minute read

February 16, 2012 | Daily Business Review

International demand wanes for American financial assets

International demand for U.S. financial assets cooled in December amid optimism Europe would resolve its debt crisis.

By Bloomberg News

2 minute read

October 26, 2011 | Daily Business Review

Furniture recovery stalls as housing values, confidence sinks

The U.S. furniture industry hasn't emerged from the recession because a "gridlock in housing" has sapped spending on couches and home items, said Furniture Brands International Inc. Chief Executive Officer Ralph Scozzafava.

By Bloomberg News

3 minute read

June 11, 2013 | Daily Business Review

Popular Chairman Says Bank to Re-Examine Its Profit Forecasts

Banco Popular Espanol is reviewing the profit forecasts it gave in October to back a $3.3 billion capital increase.

By Bloomberg News

2 minute read

August 20, 2012 | Daily Business Review

Investors moving cash into tax-exempt municipal securities

Municipal securities remain cheap relative to U.S. Treasury debt even with investors directing the most cash since 2009 to tax-exempt bonds in the $3.7 trillion market.

By Bloomberg News

4 minute read