Goodbye, Dubai? - New York Times (blog)

November 28, 2009

guardian.co.uk
Goodbye, Dubai?
New York Times (blog)
That's what has happened in the US with residential homes in the past few years and now it appears to be happening with commercial real estate in Dubai.
Dubai's Debt Troubles: Beginning of the Next Leg Down?The Oil Drum

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Business Briefs (Honolulu Star-Bulletin)

November 28, 2009

Hawaii Newspaper - Hawaii coverage and reports on news, sports, business, entertainment, and events

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Valley banks post losses in third quarter - Las Vegas Review - Journal

November 28, 2009
Valley banks post losses in third quarter
Las Vegas Review - Journal
Its nonperforming assets, which include delinquent loans and foreclosed real estate, grew by 0.9 of a percentage point to 9.91 percent of total assets

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Dubai crisis jolts markets, but early fears ease - The Associated Press

November 27, 2009

CBC.ca
Dubai crisis jolts markets, but early fears ease
The Associated Press
But Dubai World's problems likely won't have a major effect on the US commercial real estate market, said Dan Fasulo, managing director of Real Capital
CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys HigherWall Street Journal
UK banks seen most exposed to UAESydney Morning Herald
Stocks slide amid Dubai debt fearsThe Press Association
Minyanville.com
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Dubai World Rocks Wall Street’s World - Nightly Business Report

November 27, 2009
Dubai World Rocks Wall Street's World
Nightly Business Report
GERSH: Dubai World has large commercial real estate holdings around the world and many believe commercial real estate will be the next leg of the credit

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Dubai’s Debt Reckoning - Wall Street Journal

November 27, 2009

Wall St. Cheat Sheet (blog)
Dubai's Debt Reckoning
Wall Street Journal
Nevermind that no one could say who except the creditors of Dubai World's real estate subsidiary would be harmed by the request for an interest-payment
Dubai Defaults on DebtWall St. Cheat Sheet (blog)

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Kansas City is sold on auctions (The Kansas City Star)

November 27, 2009

At 5:55 p.m., auctioneer Robert Mayo, owner of Mayo Auction & Realty, switches on his wireless headset microphone. “All right, folks, about 5 minutes to go. We’re going to start right at 6 o’clock. If you don’t have a bidding number yet, see Mary. If you need some dinner, see Dave. If you need a restroom, they’re in the back, ladies to the right, men’s to the left.”

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Dubai debt woes may hit us property market - Reuters

November 27, 2009
Dubai debt woes may hit us property market
Reuters
NEW YORK (Reuters) - Dubai's debt woes could further unhinge an already fragile US commercial real estate,

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CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher - Wall Street Journal

November 27, 2009
CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher
Wall Street Journal
in Las Vegas, a mixed-use hotel, casino, condominium and retail development that is nearing completion despite several setbacks during the real-estate

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CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher - Wall Street Journal

November 27, 2009

Sydney Morning Herald
CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher
Wall Street Journal
in Las Vegas, a mixed-use hotel, casino, condominium and retail development that is nearing completion despite several setbacks during the real-estate
Stocks slide amid Dubai debt fearsThe Press Association

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