News on Blackrock Inc.

Stuyvesant Town Owners Walk Away - Top of Market Deal Collapses

2010-10-22T13:14:01Z

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Calpers firing some real estate portfolio managers

2010-06-15T09:13:23Z

SAN FRANCISCO (Reuters) - Calpers, the biggest U.S. public pension fund, has fired or will sack a number of its real estate portfolio managers amid steep losses for its property assets, according to a report on its web site.

The Reuters) - The joint venture that borrowed heavily to buy Stuyvesant Town and Peter Cooper Village in 2006 could be among the first to take advantage of changes in U.S. tax law that let borrowers seek payment relief, when it...

"Sickly" market sparks commercial mortgage feud

2010-06-15T09:46:38Z

NEW YORK (Reuters) - As the market for U.S. office, retail and apartment building loans heads south, investors in commercial mortgage-backed securities and servicers of the loans are feuding over how to best save their skins.

Big bondholders including BlackRock Inc &lt;BLK.N&gt; and

Lehman reveals rescue plan and $3.9bn record loss

2010-10-13T15:09:13Z

Lehman Brothers today attempted to rebuild shattered confidence in the bank, rushing out its third quarter results and outlining a series of measures to raise cash and sharply reduce its exposure to the ailing property market.

The bank said it had lost $3.9bn (&amp;#163;2.21bn)...