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Kennedy Funding, a New Jersey lender to cash-strapped real-estate developers, has plenty of experience going after debtors who fall behind on their payments. But now it's Kennedy's turn to get squeezed.
The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.
Just in time for the spring house-hunting season, smart-phone applications that provide information to home buyers are proliferating.
A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.
Aerosmith drummer Joey Kramer sells his house for $2.7 million; a Los Cabos, Mexico, property linked to Edra Blixseth goes on the market and Larry Hagman cuts the price of his Ojai, Calif., estate.
A look at homes in Pennsylvania, New York and Massachusetts that come with a turret or two.
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