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Suzanne Weinstock

The Boston-based firm finally triumphed in its pursuit of the bankrupt, members-only club in Montana after originally bidding $470m for the resort in 2008. Yellowstone has been subject to a drawn out court battle over its future.
Whitehall Street's 2007 real estate fund saw its equity wiped out on a number of boom era investments, according to The Wall Street Journal.
The Los Angeles-based real estate investment firm has hired Richard Bosworth, who has a background managing non-performing hotel and casino loans, to oversee its hospitality investments.
An uptick in real estate investment activity by SWFs in 2008 may indicate a long-term investment trend, including helping to fill the debt financing void, according to a Deloitte report.
There is no model for the newspaper business capable of stemming what may be ‘unending losses’, the chairman of Berkshire Hathaway said at its annual meeting. Despite the declining market, Platinum Equity recently acquired the San Diego Union-Tribune, and HM Capital is reportedly in negotiations to buy Blethen Maine Newspapers.
After talks with Colony Capital fell through, the 50/50 investors came to an agreement with their lenders to finance the completion of City Center in Las Vegas.
The Teacher Retirement System of Texas is set to commit up to $2bn in capital to real estate in an effort to close the 6% gap between its actual and target allocations.
Daniel Cummings, formerly of The Carlyle Group and LaSalle Investment Management, will reportedly take over as managing director of real estate investment for Harvard University’s endowment. The position has been vacant since 2007.
The global financial services firm lost $319m in the first quarter of 2009 primarily due to losses on its private equity and real estate investments.
The US’ second largest mall owner, burdened with $27.3bn of debt, has ‘reluctantly’ filed for Chapter 11 bankruptcy protection after unsuccessfully trying to refinance its loans out of court. The REIT has obtained $375m of DIP financing from investment firm Pershing Square to continue operations.

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