Hub group, Countrywide in deal
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Boston housing activist Bruce Marks has persuaded Countrywide Financial Corp. , the nation's largest mortgage lender, to let his nonprofit reengineer some of its least affordable loans.
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Blackstone Group plans to sell some  New York office buildings it is acquiring from Equity Office  Properties Trust  to Macklowe Properties for about $7  billion, a source close to the deal said on Wednesday.
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Investors approved a merger between the three Deutsche property trusts to form a $3 billion group, in one of the latest examples of consolidation in the listed property sector.
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Bank of America Corp, the second-largest U.S. bank, is in advanced talks to buy Countrywide Financial Corp, the largest U.S. mortgage lender, a person familiar with the matter said on Thursday.
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Australia's Centro Properties  Group  and Centro Retail Trust  have agreed to  buy New Plan Excel Realty Trust  for about $3.4 billion  in cash, accelerating Centro's push into the United States.
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The James River Group, a property and casualty insurer, said yesterday that it had agreed to be acquired by the hedge fund D. E. Shaw Group for $575 million in cash.
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Summit Properties Inc. has agreed to merge with Houston-based Camden Property Trust in a $1.9 billion transaction. Under the terms of the agreement, Summit stockholders may elect to receive $31.
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Countrywide Financial Corp , the largest U.S. mortgage lender, said on Thursday that it had lined up $12 billion of secured financing to help cope with a housing slowdown that has reduced loan demand and will lead to widespread layoffs.
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Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis, is negotiating a sale to Bank of America.
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Bank of America Corp said on Friday that it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses from the U.S. housing crisis.
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A British real estate group said it had agreed to buy the 42-story tower that houses Citigroupâs London headquarters for about $2 billion from the Royal Bank of Scotland Group.
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Countrywide Financial Corp ,  the battered mortgage lender being acquired by Bank of America  Corp , posted a $422 million fourth-quarter loss on  Tuesday, hurt by mounting defaults in a sinking housing market.
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Bank of America Corp said on Friday it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses in the U.S. housing crisis.
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Brandes Investment Partners said yesterday that it had taken a 7.9 percent stake in Countrywide Financial, becoming its second-largest investor.
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Blackstone Group plans to sell some New York office buildings it is acquiring from Equity Office Properties Trust  to Macklowe Properties for about $7 billion, a source close to the deal said on Wednesday.
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Houston-based apartment developer Camden Property Trust has agreed to buy Summit Properties Inc. of Charlotte, NC, in a $1.9 billion deal that will create the fifth-largest publicly owned real estate investment trust in the United States.
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LOS ANGELES, Oct. 25  â An investment group affiliated with labor unions has called on Countrywide Financial, the struggling mortgage lender, to let shareholders play a role in nominating a successor to Henry G. Cisneros on the companyâs board.