Wall Street Journal, Mar. 31, 2016–Mann, Ted
General Electric Co. formally asked to be released from supervision by the Federal Reserve on Thursday, saying it has sufficiently shrunk its once-massive financial services arm so it would no longer pose a systemic threat to the financial system.
Forbes, Apr. 6, 2016–Razin, Ely
We can reasonably expect MetLife’s commercial real estate lending to increase in the medium-to-long term by reducing the government-imposed capital requirements required of systemically important financial institutions.
HousingWire, Mar. 29, 2016–Swanson, Brena
All eyes were on Federal Reserve Chair Janet Yellen during her speech to the Economic Club of New York to see if she would give any insight on when the Fed would raise interest rates.
Wall Street Journal, Mar. 28, 2016–Jamerson, Joshua
The battle for Starwood Hotels & Resorts Worldwide Inc. continued Monday as the group led by China’s Anbang Insurance Group Co. increased its bid for the hotelier to $14 billion, raising the stakes in the high-profile bidding war with Marriott International Inc.
Bloomberg, Mar. 28, 2016–Yu, Hui-Yong
Next month’s auction for the Plaza Hotel in Manhattan was canceled after the holders of the mortgage reached a deal to give the borrowers more time to sell the property and pay back the loan.
CNBC, Mar. 28, 2016–Insana, Ron
The StreetEasy Blog, which tracks New York real estate markets, notes that expensive apartments are sitting idle for roughly 90 days before being sold, the longest “time on market” since January 2013.
Wall Street Journal, Mar. 29, 2016–Kusisto, Laura
Miami is facing a condo bust-again. Developers have started canceling projects, slashing prices and offering incentives such as private-jet access to spur sales, an ominous echo of the housing crash that pounded South Florida especially hard.
Wall Street Journal, Mar. 30, 2016–Tracy, Ryan
A federal judge overturned U.S. regulators’ determination that MetLife Inc. poses a threat to the financial system, granting the insurer a victory in its quest to avoid stricter rules and potentially undermining a central part of the 2010 Dodd-Frank law.
Wall Street Journal, Mar. 30, 2016–Brown, Ken
Banks are probably safer than people believe, and real estate, the sector investors are rushing to, has become riskier.
Bloomberg, Mar. 21, 2016–Yu, Hui-Yong; Perlberg, Heather
Starwood Hotels & Resorts Worldwide Inc. accepted an improved takeover offer from Marriott International Inc. valued at $13.6 billion, proceeding with plans to form the world’s largest hotel operator as investors led by China’s Anbang Insurance Group Co. seek to thwart the deal.
